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Tag Archives: Retail

“Change creates opportunity”: Entrepreneur Gerald Ratner offers up advice to retailers at Synaxon Conference

Gerald Ratner is the entrepreneur who infamously said in 1991 that, while it was true a pair of gold earrings sold at his Ratners store cost less than a prawn sandwich from Marks and Spencer, they would probably not last as long as the sandwich. His empire subsequently collapsed, but …

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“Blame culture” is hindering growth and success of UK e-commerce projects

British retailers are wasting on average £178,000 in failed e-commerce budget according to a study by Greenlight Commerce. The study, which questioned 100 UK-based e-commerce decision-makers within the retail sector, reveals that “an internal war is waging within retail businesses as IT and marketing teams blame each other”. More than …

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E-commerce platform Mercarto boasts seven-figure revenues in first year

New e-commerce platform Mercarto announces seven-figure revenues in its first year of trading. Designed to allow budding entrepreneurs to set up an “end-to-end e-commerce store in minutes with no cost or risk”, Mercarto connects sellers and suppliers through its marketplace, providing a full suite of e-commerce tools including a store …

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Amazon’s Prime Day predicted to bring in $6.7bn, but what about its marketplace traders?

On 15th and 16th July, Amazon will once again run its annual Prime Day sales bonanza, where shoppers will be able to pick up products at incredibly low prices. This year is predicted to set a new record, says the e-commerce delivery specialist ParcelHero, believing the members’ only sale will …

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How important is it to diversify your offerings?

Industry community Tech For Techs asks its members what new areas they have branched out into and why diversifying their offerings have helped them generate more business. CORMIE CORMISON, CROSSHAVEN COMPUTERS “Moving as many business customers as I can to MSP. With me fitting more and more SDDs, I’m less …

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The future of retail: How fingerprint biometrics can optimise the retail experience

David Orme, Senior Vice President at IDEX Biometrics, explores how fingerprint biometric smart cards are the answer to securing loyalty accounts and optimising the retail experience in a challenging environment. The need for fingerprint biometrics in retail has never been more acute. While traditional high street sales continue to decline, …

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Game gives Sports Direct green light on £52m takeover

Game Digital has agreed to the proposed £52 million take over from retail tycoon Mike Ashley’s Sports Direct. It seems Game has somewhat begrudgingly accepted the offer after struggling to cope struggling in the marketplace. In a statement to the stock market, Game admitted that it had “little choice but …

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Dixons Carphone profits down £259m

Dixons Carphone has posted its preliminary results for the 12 months to 27th April 2019, reveal a statutory loss before tax of £259 million, compared to its pre-tax profit of £289m last year. “The past year has seen us keep our promises to investors, delivering around £300 million of headline …

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UK shoppers trust retailers with more than 30 positive online reviews

Almost a third of British shoppers have left a negative review online, with nearly seven in 10 having done so in the last year, according to a new report from Brightpearl. The survey, which spoke to 2,000 Brits, found that 76% of those surveyed will also share a negative retail …

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Rising to the e-commerce challenge

Listen to any podcast or scroll through a popular social media site and it won’t be long until you see or hear an advert from the likes of Squarespace, Shopify or WooCommerce (amongst many others) outlining just how easy it is to set up an online shop and get selling …

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