Gameplay shares jump on strong growth
22 Dec 2000
Online games retailer Gameplay reported strong year-on-year sales growth yesterday, prompting its share price to leap by 11.5% this morning.
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Sainsbury’s sells Homebase to Schroder
22 Dec 2000 | by Louise Banbury
Supermarket chain Sainsbury’s has sold its Homebase DIY business in a deal worth £969m.
STOP PRESS
21 Dec 2000
The Body Shop is combining its e-commerce operations with its existing retail and mail-order businesses after ending a partnership with Softbank Technology Ventures. The Body Shop will buy specific assets of the jointly owned company, The Body Shop Digital, paying either dollars 6m in cash or through...
MEDIA BRIEFS
21 Dec 2000
ShopSmart.com, the comparative shopping site, is to renew its sponsorship of movies on Channel 5 next year as part of a multi-million-pound deal. Movies scheduled for next year include Courage Under Fire and The Long Kiss Goodnight. Movies form the cornerstone of C5's schedule, attracting audiences...
Branson delays decision on Lottery action
21 Dec 2000
Sir Richard Branson is to delay his decision on legal action against the National Lottery Commission, after losing his fight to run the National Lottery.
Camelot beats Branson to National Lottery
20 Dec 2000 | by Claire Billings
Camelot, the incumbent organiser of the National Lottery, has scooped the contract to run the UK Lottery for the next seven years following a 4-1 vote by the Lottery Commission, citing a greater risk involved in appointing a new operator.
Body Shop pays $6m to cut Softbank link
20 Dec 2000
The Body Shop has severed its contract with its internet partner, troubled Japanese internet investor Softbank, in a move which will bring the retailer’s website in-house.
Beenz.com cuts jobs and offices in restructure
20 Dec 2000
Beenz.com, the internet currency trader, has become the latest online business to announce a restructuring, including job cuts and the closure of overseas offices, as a result of a downturn in online spending by its customers.
Christmas gloom for eToys.com
19 Dec 2000
Online retailer eToys.com is understood to be looking for a buyer after warning that its Christmas sales will be well below expectations.
EasyEverything invests £20m in US net cafe expansion
18 Dec 2000
EasyGroup is investing 20m to roll out its chain of EasyEverything internet cafes across the US in the new year.
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