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Articles about etail
Gary Barlow’s tweet that launched 15,000 visits Friday, 16th December 2011
A tweet sent by Take That star and X Factor judge Gary Barlow before last weekend’s final sent over 15,000 visitors to online UK sweetshop AQuarterOf.co.uk
In a matter of seconds after sending the tweet from his account at @GBarlowOfficial, over 15,000 of Barlow’s 972,000 fans logged on to the sweet specialist’s website, signalling an unprecedented spike in traffic from fans eager to ‘Check this bag of goodies out @aquarterof.co.uk’, as Barlow’s tweet suggested.
Posted in Consumers, E-Commerce, Online retail, Retail Industry Tagged gary barlow, tweet, take that, a quarter of, aquarterof, x factor, twitter, social media, ecommerce, etail
Amazon sells over 1 million Kindles each week Friday, 16th December 2011
Amazon.com Inc on Thursday announced it is selling over one million Kindle devices each week, a well-timed disclosure from the Internet retailer, which follows a spate of negative reviews of its new Kindle Fire tablet. Customers are buying “well over” one million Kindles a week, according to Amazon, who added in a statement to press that this trend in sales has occurred for three straight weeks.
Posted in Books and Magazines, E-Commerce, Online retail, Technology Tagged amazon, kindle, e-reader, etail, ecommerce, kindle fire
Asos profit leaps 66%, but UK sales hit by sudden slowdown Thursday, 3rd November 2011
Online fashion retailer Asos has reported a 66 per cent rise in first-half profit, with strong growth in overseas sales offsetting a sharp slowdown in the UK. Asos said it made underlying pretax profit of £11.7 million in the six months to 30 September, compared with £7.0 million in the same period last year.
Posted in fashion Tagged asos, fashion, etail, ecommerce, nick robertson, retail, sales, profit
Wiggle set to appoint UBS ahead of possible floatation Wednesday, 19th October 2011
The deal by Wiggle majority shareholder Isis Equity Partners is “as good as done” according to Sky News, who reported on the expected appointment of UBS this morning. The news will bolster rumours that a floatation could be on the cards for the bike etailer, which could be valued in excess of £200 million.
Posted in E-Commerce, Deals and Takeovers, Online retail Tagged wiggle, bikes, etail, etailer, advent international, bridgepoint capital isis, private, equity, deal, rumour, ubs
E-tailer Brand Alley sales up 70% Monday, 10th October 2011
Flash sale specialist Brand Alley posted a 70 per cent increase in sales for the first nine months of the year. The e-tailer attracted 75,000 new customers as sales rocketed to £23 million for the period, thanks to new brands joining the site earlier in the year.
Posted in E-Commerce, Online retail, fashion Tagged brand alley, sale, ted baker, dolce & gabbana, rob feldmann, press, customers, etail, e-commerce, online, retail
Has Approved Food reached its sell by date? Monday, 22nd August 2011
Approved Food, the first online retailer to specialise in food past or close to its sell-by date has said it expects to make a loss this year in its third year of trading.
Owner Dan Cluderay told press that although the company had never been busier and turnover reached more than £2 million for the year, Approved Food would post a loss as it entered its fourth year.
"The thing that stopped us was speed of fulfilling orders," he said. "It got to a point where we were increasing what we could sell but there was a ceiling limit on getting orders out."
The company has now vowed to improve its bottom line after moving to a larger 27,000 sq ft warehouse last September, which, according to Cluderay was like "flicking a switch to become efficient.”
"Now we're in a warehouse where we can get out the number of orders that we can take in a day. Next year, I think we'll make a few hundred thousand pounds of profit."
Approved Food buys 60 per cent of its supplies directly from big brands, whilst receiving 5,000 to 10,000 orders each month for its ambient goods, with customers spending an average of £35 on each order.
Posted in Food, Supermarket News, Supermarkets Tagged ambient, approved food, bottom line, clearance, dan cluderay, e-commerce, etail, etailer, food, gone off, grocer, online, order, sell by date, Warehouse
Staffordshire heads into the Amazon with 900 new jobs Monday, 11th July 2011
Former mining town Rugeley is set to receive a bumper Christmas, as it becomes the centre of Amazon’s new processing facility.
The e-tailer will bring 900 jobs to the Staffordshire region, and will begin processing orders in September, dealing with customers from the UK and across the world. The announcement comes just weeks after Amazon confirmed it would create hundreds of jobs in new centres for Dunfermline and Edinburgh.
Amazon has already faced a steeper-than-expected drop in profits this year due to the cost of expanding its operations across the UK. Arthur Valdez, vice-president of operations at Amazon.co.uk, said: "The centre at Rugeley will play an important role in fulfilling orders for customers in the UK, Europe and all over the world.
"We have a busy Christmas coming up and look forward to assembling a team of talented people who will play their part in ensuring that customers receive the millions of items that will be ordered over the festive season."
The news has been welcomed across Rugeley, a former mining town that has lost scores of jobs for its residents in recent years.
Posted in Books and Magazines, Franchise & Expansion, Retail Industry, Retail Property Tagged 900, Amazon, amazon.co.uk, arthur valdez, Christmas, e-tailer, Edinburgh, etail, former, mining, new jobs, online retail, operations, rugeley, staffordshire
The Hut makes ‘milestone’ acquisition Wednesday, 1st June 2011
Online retailer The Hut has acquired Myprotein.com in a deal said to be worth around £58 million. Chaired by former Matalan chief executive Angus Monro and counting former M&S chairman Stuart Rose among its investors, The Hut is currently the UK’s third largest online retailer of entertainment products and is thought to be planning an IPO for later this year.The acuisition will bolster The Hut’s health and beauty offer whilst complementing its men’s grooming site mankind.co.uk. The deal will also strengthen international operations, with both companies operating throughout UK, France, Germany, Ireland, Italy and Spain.“Myprotein.com is an outstanding business. Opportunities to partner with businesses of the scale of Myprotein that are continuing to grow at 50 percent in 2011 are few and far between.” The Hut founder and chief executive Matthew Moulding said; “The addition of Myprotein to The Hut’s operating platform is another milestone in our ambitions to become one of Europe’s leading online players.”
Posted in Uncategorized Tagged angus monro, deal, e-tailer, ecommerce, electronics, etail, IPO, m&s, matalan, matthew moulding, myprotein, News, online, Retail, stuart rose, the hut
Princess Beatrice gets the last laugh, hat sold for £81,101 Monday, 23rd May 2011
The infamous Philip Treacy hat donned by the Princess for the Royal Wedding last month raised a record breaking £81,101.
With around 724,000 views and 94 bids on the online auction site, Princess Beatrice’s lot turned a fashion faux-pas into the highest amount ever paid for a designer hat on the website.
The money raised will be split between UNICEF and Children in Crisis charities, chosen by the Princess under her new Little Bee Initiative, which was set up purposefully for the auction.
"I've been amazed by the amount of attention the hat has attracted.” Princess Beatrice said of the auction, “It's a wonderful opportunity to raise as much money as possible for two fantastic charities. I hope the winner of the auction has as much fun with the hat as I have".
The hat now has its own Facebook page and saw the Princess top scores of worst-dressed lists for Royal Wedding fashion.
Posted in Uncategorized Tagged auction, e-commerce, ebay, etail, fashion faux-pas, hat, online, philip treacy, princess beatrice, Retail, royal wedding
Andy Bond’s Wiggle prepares for IPO Friday, 6th May 2011
The UK’s leading bike etailer has hired Rothschild to advise on a strategic review that is likely to value the company at around £200 million.
Majority shareholders Isis Equity Partners, who have held a majority share in Wiggle since 2006 are reportedly now looking to sell their stake within the next 12 months, resulting in a possible IPO for the etailer.
Voted Which? ‘UK’s Top Sports & Leisure Shop’, Wiggle counts former Asda boss Andy Bond as a non executive.
Posted in Uncategorized Tagged Andy Bond, Asda, etail, isis equity, online, Retail, rothschild, sale, wiggle
