31 May 2001
LONDON - Online retailer Letsbuyit.com has announced that first-quarter operating losses have narrowed and it has secured new funding of 3m ( 1.8m) from a private investor.
31 May 2001
| by MARK KLEINMAN
The Pier, the home accessory retailer, has poached Bhs brand
marketing chief Fiona Strang to be its first board-level marketer.
She will oversee the firm's pounds 1.5m marketing budget and spearhead
the development of the brand's strategy as it bids to become the UK's
leading retailer of...
31 May 2001
The Carphone Warehouse has announced a 62% increase in annual
earnings, making pounds 49.6m in pre-tax profits compared with last
year's pounds 30.6m. The retailer has seen sales jump 59%since its
flotation last year. The company also bought Communications de Mobile
Cellulaires for pounds 48m.
31 May 2001
| by RAVI CHANDIRAMANI
Gameplay's sales and marketing director Andy Mee, alongside
financial director Lisa Burke, has spearheaded the UK management buyout
of the retailer's boxed games division.
The buyout involves taking control of the company's UK mail-order and
e-commerce operations.
Mee, a former Sega...
31 May 2001
The Carphone Warehouse has relaunched its interactive TV service on
Sky Digital's Open platform with an expanded range of mobile handsets,
accessories, PDAs and land-line phones. The mobile phone retailer
brought in Deepend London to redesign the interface and simplify
navigation. Separately,...
31 May 2001
| by MARK LEECH, a market analyst for ACNielsen MMS
The UK retail sector has seen home shopping grow in popularity
recently as consumers seek convenience.
This shift in emphasis, and heightened competition, has had an impact on
direct mail. At first glance activity appears to have fallen over the
past 15 months, with March 2001 mailing volumes...
31 May 2001
| by TANIA MASON
Paul Kelly, the man behind the imminent relaunch of Granada Road
Services as the much snappier 'Moto', says the rebranding process has
been "like giving birth".
By this I gather he means it is all-consuming, intensive, and hopefully
worth it in the end. Changing consumers' opinions of motorway...
30 May 2001
| by Louise Banbury
LONDON - Shares in computer game retailer Gameplay were down 40% to 4.5p this morning after it reported increased losses for the six months ending January 31.
30 May 2001
| by Anna Clarke
LONDON (Brand Republic) - Amazon.com is understood to have appointed Wieden & Kennedy to handle its global advertising account following a six-month search.
25 May 2001
LONDON - AOL Time Warner has reported that AOL members spent a record 6.7bn ( 4.7bn) on shopping online in the first quarter of 2001, 70% more than in the same period last year.