Comet, the electrical retailer, is set to appoint administrators in a move that will end a long struggle for survival for one of the most famous names on the British High Street. The collapse will leave around 6,500 jobs and 240-stores in jeopardy as the company finally admits defeat in the face of fierce price competition, a weak consumer demand, tight credit terms and the withdrawal of credit [...]
The SoLoMo market in September 2012, turned out to be very busy, with three of the major players announcing initiatives all designed to position themselves to maximise the advertising revenue opportunity represented by the growth in the use of mobiles in the local retail and e-commerce space. First off the SoLoMo block The flurry [...]
Retail Week is carrying an interesting article about multichannel retailers (registration required) in which it quotes Asos boss Nick Robertson, as questioning the need for physical stores when selling to the next generation shoppers. Obviously ASOS is a multichannel retailer in the sense that they have both web-based and mobile stores, however they do not [...]
eConsultancy’s annual multichannel retail shopping statistics have just been released over on their blog, and a quick read through shows some interesting changes compared with the 2011 figures. Multichannel retail demand from consumers Having the choice of retail channels continues to be important to UK consumers. 40% (up from 34% last year) regard it as [...]
According to this interview on CNBC, Twitter CEO Dick Costolo, is looking at ways in which the blue bird can wet it’s beak in the eCommerce revenue stream. Costolo seems to be most interested in maximising the immediacy of the Twitter platform in order to help brands and retailers shift perishable inventory such as tickets. [...]
There is an emerging new norm in consumer behaviour; multi-channel shopping across multiple screens. That is the insight to be drawn from Google’s report over on the Google Mobile Ads blog on how shoppers move between devices during their journey. The astonishing figure that Google has come up with is that 90% of shoppers move between devices [...]