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UK struggling to keep up with "fundamental change" in online retail

Friday 10 February 2017 - Posted by Ben Stevens

Smart phone shopping is predicted to account for two thirds of all purchases as it triples in value to £43 million over the next four years. New research conducted by Paypal UK, OC&C Strategy Consultants and Google suggests that the UK is far behind overseas rivals in keeping ...

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Apple takes Samsung's crown as best selling smartphone retailer

Wednesday 01 February 2017 - Posted by Ben Stevens

Apple has reclaimed its title as the world’s largest smartphone retailer, after five consecutive years of falling behind Samsung. Sales at the US tech giant edged ahead of its South Korean rival in the final quarter of last year, with 78.3 million handsets sold compared to Sam...

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Samsung shrugs off exploding phones fiasco with 50% profit increase

Wednesday 25 January 2017 - Posted by Elias Jahshan

The worst of the controversy surrounding Galaxy 7s may be behind Samsung now, after the tech manufacturer and retailer posted its highest quarterly profit increase in three years. The South Korean company recorded quarterly profit of 9.2 trillion won (£6.27 billion) this week,...

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Could gaming catch the vinyl virus?

Friday 20 January 2017 - Posted by Ben Stevens

Entertainment retail has experienced immense change over the past few years, as technology continues to transform the sector’s landscape. Figures from the Entertainment Retailers Association show that 2016 saw the highest ever recorded sales in entertainment retail, topping £6...

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EE slapped with £2.7 million fine

Wednesday 18 January 2017 - Posted by Ben Stevens

Mobile phone retailer EE has been handed a massive £2.7 million fine for overcharging thousands of customers. Ofcom slapped the retailer with the fine following revelations it had charged 32,145 customers £1.20 per minute instead of the 19p per minute it should have cost. This...

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Maplin toasts to successful Christmas trading period

Thursday 12 January 2017 - Posted by Elias Jahshan

Maplin achieved one of its strongest Christmas trading periods, with like-for-like sales up 4.4 per cent in the six weeks to December 24. Online sales rose by 29.3 per cent when compared to the previous period, with the technology and electricals retailer attributes to signifi...

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Amazon's flying warehouse plans revealed

Tuesday 03 January 2017 - Posted by Ben Stevens

A patent has been filed by ecommerce giant Amazon for a flying warehouse, utilising drone technology to speed up deliveries. Amazon proposed the idea for an “airborne fulfillment centre” (AFC) in 2014 in the US. This technology would see a giant airship stationed up to 45,000f...

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Dixons Carphone report boost in profits

Wednesday 14 December 2016 - Posted by Ben Stevens

Dixons Carphone has released its half year results reporting a sharp rise in profits. The technology retailer posted a 19 per cent rise in profits to £144 million in the 26 weeks to October 29. Sales for the group rocketed 11 per cent to £4.9 billion and like-for-like revenues...

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AO warns of 2017 price rises ahead of expected record sales for Black Friday

Tuesday 22 November 2016 - Posted by Elias Jahshan

Online electricals retailer AO is pinning its hopes on a bumper Black Friday sales season this week, but warns of price rises in the new year to offset the pound's slide since the EU referendum. The news came as the British etailer more than doubled its earnings in the UK in t...

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Apple thought to be working on smart glasses

Tuesday 15 November 2016 - Posted by Ben Stevens

Apple are reportedly working on wearable augmented reality glasses, which could be launched as early as 2018 according to Bloomberg. The technology retailer is supposedly so far along with the project that they’re in talks with suppliers. Much like its tech giant rival Google ...