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E-Commerce Growth Slows, But Still Out-Paces Retail
(THE WALLSTREET JOURNAL) - Shopping continues to shift to the Web, but the years of torrid growth are coming to an end.
In 2009, e-commerce in the U.S. managed to buck the recession that dragged down the rest of retail, growing 11% to reach $155.2 billion, according to Forrester Research. The research firm [...]
Retail investors exit UK equities
(INVESTMENT WEEK) - Retail investors exited UK equities in favour of global and regional funds in January.
Traditional top selling sectors UK All Companies and UK Equity Income suffered net outflows of £208m and £65m, IMA statistics show. However, the Global Growth sector led equity sales with a net inflow of £229m, followed [...]
Retail sales’ robust gains
(THE PHILADELPHIA INQUIRER) - Shoppers shrugged off the snow and worries about the economy to buy full-price spring clothing and other items at the nation’s malls in February, resulting in the strongest retail-sales gain since November 2007, a month before the recession started.
The news also helped soothe fears among some economists that [...]
Jobs report powers retail sector; Coldwater Creek raised
(MarketWatch) — Retail stocks rose Friday after the Labor Department reported smaller-than-expected job losses for February while the U.S. unemployment rate held steady.
The S&P Retail Index /quotes/comstock/10u!i:rlx (RLX 435.22, +5.23, +1.22%) rose 1.2% to 435.11 in late trading, extending an advance from Thursday as retailers’ February results showed the best [...]
IT-retail service gets boost with course
(ASIAN ONE NEWS) - AN INITIATIVE could pave the way to raising service standards for information-technology retailers, against which consumers regularly lodge complaints.
Software giant Microsoft, the Singapore Institute of Retail Studies and the Singapore Workforce Development Agency (WDA) announced yesterday a training course for IT-retail staff, with a focus on addressing [...]
Shopping around for treament is hardly retail therapy
(GUARDIAN) - I recently decided to find myself a psychotherapist. I have decided to do this a number of times, but always changed my mind before doing anything about it. This time, the decision stuck and I found myself working through the photocopied list my psychiatrist had given me, the faintness [...]
Rigona Online Retailer Of Manny Beauty Brands
(I - NEWSWIRE) - The development of beauty industry over the online media has been tremendous. This is the result of growing demand of beauty products via ecommerce websites. Rigona.com is one of the leading online retailers of many beauty brands including DevaCurl, Label.m, Brazilian Blowout, Moroccan Oil, Joico, It’s a [...]
Best Buy creating more retail jobs
(RETAIL MOVES) - Best Buy has announced it will bring retail jobs to Aintree in Liverpool very soon.
Having already revealed it will be opening stores in Essex, the West Midlands and Hampshire in the coming months, the consumer electronics retailer said this week that a fourth outlet will appear at London & [...]
Travis Perkins sees 2009 retail profits soar
(DIY WEEK) - Group revenue has fallen from £3,179m in 2008 to £2,931m in the 12 months to 13 December 2009.
However, the retail division, largely made up of Wickes, saw total sales increase by 4.3% from £940.7m to £980.7m with lfl sales increasing by 3.2% in the period.
This increase came despite the [...]
Retail sales get a boost online
(CNNMoney.com) — Retail sales rose in January, driven by strength in discount retailers and online merchants, according to a government report Friday.
The Commerce Department said total retail sales edged up 0.5% to $355.8 billion last month, compared with December’s revised decline of 0.1%. Economists surveyed by Briefing.com had anticipated that [...]
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