Nov 12, 2012 | E-commerce and E-retailing
Online retail spending in the US reached $41.9 billion for the quarter, up 15 percent versus year ago, according to new data. This represents the twelfth consecutive quarter of positive year-over-year growth and eighth consecutive quarter of double-digit growth. “The...
Nov 7, 2012 | E-commerce and E-retailing
Three quarters (75%) of B2B buyers have claimed that social media would likely have an influence on a future purchase and 65% of businesses are already using social media in their sales efforts, according to a new report. Marketing technology provider Eloqua has...
Nov 5, 2012 | E-commerce and E-retailing
Tesco has launched a new commuter zone on its grocery website, aimed at bringing together everything busy customers need for the working week. The zone is designed as a quick way for commuters to shop as they travel to and from work. Tesco Director of Internet...
Oct 30, 2012 | E-commerce and E-retailing
Online shopping will account for at least a third of UK retail commerce by 2022, up from 13 per cent now, according to a new report. The Economist Intelligence Unit’s Retail 2022 report examines how the retail landscape will change over the next 10 years. Key points...
Oct 29, 2012 | E-commerce and E-retailing
Amazon has reported third quarter results below expectations, including a large loss related to its stake in online coupon business, LivingSocial. Despite a 27% increase in Q3 sales Amazon the company’s investment programme cancelled out US$13.8 billion of...
Oct 25, 2012 | E-commerce and E-retailing
Argos is to scale back its iconic catalogue in favour of a focus on online retailer, as the home shopping retailer looks to reverse two years of falling sales. The new initiative will see Argos launch a new digital catalogue by Christmas while the circulation of the...
Oct 23, 2012 | E-commerce and E-retailing
More than one in five Brits are already convinced physical money will disappear in the next 20 years, with 1 in 3 carrying less than £5 in cash, according to new research. The study, from Skrill, found that cash is being replaced by more contemporary payment methods,...
Oct 23, 2012 | E-commerce and E-retailing
Social media has the biggest influence on purchases of video games, baby toys and mobile phones, and accounts for 1 in 10 purchasing decisions, according to a new global study. The research, from agency Arc, has revealed that video games (and systems), baby toys and...
Oct 22, 2012 | E-commerce and E-retailing
Amazon is considering a takeover bid for online fashion retailer Asos, according to a news report. The Daily Telegraph reports that Amazon examined Asos’ books earlier this year and the US retailer’s founder Jeff Bezos interest was heightened when he met Asos boss...
Oct 17, 2012 | E-commerce and E-retailing
UK consumer watchdog the Office of Fair Trading (OFT) has written to 62 online retailers after discovering they may not be fully complying with consumer protection laws. OFT found that some sites had potential breaches of the Distance Selling Regulations (DSRs) and...
Oct 16, 2012 | E-commerce and E-retailing
Social shopping is on the rise, with many consumers being influenced by product images, friend recommendations, trends and fan page offers, according to a new study. The study and infographic from media agency MPG Media Contacts and Lightspeed Research shows that...
Oct 16, 2012 | E-commerce and E-retailing
Paypal is planning to lay off some 300 and 400 employees within the next few weeks, as the onlne payments giant looks to streamline operations. The eBay-owned firm, which currently employs 13,000 staff worldwide, as part of a new focus on product development,...
Oct 12, 2012 | E-commerce and E-retailing
Online marketplace eBay has today rolled out a new website, with a strong visual style similar to Pinterest. The new look site allows users to create their own customised homepage as the firm moves away from its auction roots to focus more on instant purchases. The...
Oct 10, 2012 | E-commerce and E-retailing, Facebook marketing, Social media
Facebook is testing its long-rumoured ‘Want’ button, a retail-friendly accompaniment to the ‘Like’ button that could help the social network boost revenue through sales commissions and ads.Facebook is working with seven retail partners in the beta test; Pottery...
Oct 9, 2012 | E-commerce and E-retailing
The Dixons.co.uk website is to close today, as parent company Dixons Retail shifts focus on the multichannel model. As part of its increasing focus on online the group, which also owns retailers Currys, PC World and Pixmania believes that closing its e-commerce...
Oct 3, 2012 | E-commerce and E-retailing
Amazon is it is in the process of hiring 10,000 additional staff at its UK packing centres, as the online retailer expects record business this Christmas. Amazon operates eight packing centres in the UK, the newest of which opened in Hemel Hempstead earlier this year....
Oct 2, 2012 | E-commerce and E-retailing
Amazon, eBay, Apple and Walmart lead the way in m-Commerce market in the US, where 4 in 5 smartphone users are shopping via their device. The study found that 4 in every 5 smartphone users – 85.9 million in total – accessed retail content on their device in July....
Sep 28, 2012 | E-commerce and E-retailing
Thirty-nine percent of online retail transactions by new customers start with clicks from paid or organic search results and less than 1% come from social channels according to a new Forrester report. 48% of consumers reported that social media posts are a great way...
Sep 28, 2012 | E-commerce and E-retailing
UK online retailers could be losing millions of pounds worth of sales from customers who click away from a full basket and abandon their purchases, according to new research. The study, from Aspect Software, found that 52% of retailers questioned claimed that they did...
Sep 28, 2012 | E-commerce and E-retailing
Queues for tiny fitting rooms in stores are driving customers online, but a lack of sizing information on the web is resulting in high volumes of returns, according to new research. The study, from virtual fitting room provider Fits.me, indicates that 36% of shoppers...