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Amazon has launched a mobile card reader that will work in conjunction with a smartphone app to process and track all of a merchant’s business transactions.The new product called the Amazon Local Register is a black, compact rectangular card reader stamped with Amazon’s logo across the front. The device will...
Mamas & Papas has selected Derek Lovelock to be its new interim chief executive.Derek Lovelock, who has extensive experience in the retail sector, was most recently chairman of Karen Millen and Aurora Fashions, the owner of the Coast, Oasis and Warehouse brands. Last year he was awarded the Drapers’ Record Lifetime...
Hamleys is to open the biggest toy store in Europe in Moscow this year and is also poised to become the biggest toy store chain in the world in 2016.The store will span 72,600 sq ft and cover two floors at the Central Children’s Store building on Moscow’s Lubyanka Square....
The US maternity apparel retailer, Destination Maternity, has announced that its chief executive Ed Krell has stepped down and been succeeded by Anthony Romano.Mr Romano has previously held executive leadership positions at a number of major retail groups including Ascena, Charming Shoppes and Ann Inc.Mr Krell said: "After leading the...
New Look has capitalised on key trends and managed to increase the number of its products sold at full price, giving the women’s fashion retailer a strong start to its financial year.In the 13 weeks to 28th June, New Look’s group like-for-like sales rose by 8.9% and saw its like-for-like...
Arcadia, owned by the billionaire Sir Philip Green, has announced plans to launch its first digital partnership in China with fashion site ShangPin.com.Sir Philip, who has long been interested in building his business in China, commented: “We decided to partner with ShangPin in China because they demonstrated to us their...
Poundworld has announced that it is withdrawing from the Poundshop.com scheme that it launched with Poundland founder Steve Smith.The project had failed to launch due to both companies failing to reach a “shared vision”. Poundworld said it also had ongoing concerns about operations, online trading, the site’s web platform and...
Ladbrokes chief executive, Richard Glynn, has insisted that the bookmaker is now "well positioned for growth" despite a near 50% slump in pre-tax profits in the first half of the year.Richard Glynn has recently been under intense pressure to sort out the digital side of the business whilst at the...
Smart mannequins that are able to communicate to shoppers via their smartphones will go live today in branches of House of Fraser, Hawes & Curtis and the Bentalls department store chain.The models are fitted with beacons that are able to send alerts to a pre-downloaded app, called Iconeme, onto a...
One of the world’s biggest hedge fund companies Lansdowne Partners has taken a stake in the online homewares site, Achica.The site, which was set up by ASOS co-founder Quentin Griffiths, is apparently being considered for a stock market listing after reports that documents were found filed at Companies House which...
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