Tablets and smartphones are quickly becoming the platform of choice when it comes to online shopping. According to IMRG Capgemini, mobile accounted for 23.2 percent of online sales last quarter, up 11.6 percent year-on-year. What’s more, the actual proportion of retail site visits coming from mobile was up to 34 percent from 21 percent a year ago. more»
The United Kingdom is expected to end the year with a healthy £1.8 billion internet trade surplus, thanks to British internet retailers who adapted to online faster than their continental counterparts.
In a report called Modern Spice Routes, the Nielsen Company and PayPal worked out that the UK is going to spend £8.5 billion online internationally, but it will also sell £10.3 billion worth of goods and services. more»
Online vehicle tracking outfit Ctrack is expanding its European operations and appointed a new manager to drive the push.
Richard Lane has been named as the company’s new European distribution & partnerships manager.
Ctrack currently has distribution operations in Denmark, Norway, Sweden, Finland, Czech Republic, Switzerland, Austria, Italy, Spain and Portugal to complement its owned operations in Germany, France and Benelux. more»
Online fraud is on the increase, providing a windfall for security firms trying to pitch packages to cash strapped businesses.
The latest figures from the National Fraud Authority show that account takeover fraud rose by 53 percent compared with the previous year. more»
Mothercare has seen a better than average full year profit.
The baby brand, which in April last year saw tumbling profits, which it blamed on online sales, has reported a pretax profit of £8.3 million for the year to the end of March. more»
Morrisons has bitten the bullet and announced that it will be going head- to-head with its supermarket rivals in the online food space.
The supermarket giant, which posted its first drop in profits for six years has said it aims to offer this service by January next year and is reportedly in talks with Ocado to help it begin conquering the online food shopping space. more»
John Lewis has become the latest company to wield the axe, announcing that it will be slashing 325 department manager jobs in a bid to focus more on its online growth.
The company, which was hailed by the government as a model of “responsible capitalism” for the whole economy, has made the decision to chop these jobs as it moves to focus on it its online offerings. more»