Dixons and Carphone Warehouse announce £3.8bn merger

Dixons Retail, the owner of Currys and PC World, and mobile phone retailer Carphone Warehouse have announced they are to merge in a deal worth £3.8bn. The new firm will be known as Dixons Carphone, with ownership to be split equally between the two firms' existing shareholders. Dixons operates more than 500 Currys and PC World stores in the UK and Ireland. Carphone Warehouse operates more than 2,000 stores across Europe. Shares in Dixon's fell by 5% and in Carphone Warehouse by 3% in trading Read more [...]

JLab – The John Lewis Lab Gets New Mentors

John Lewis has named entrepreneur Luke Johnson and Confused.com founder Sara Murray among its panel of mentors. The pair will advise and judge entrants to its technology start-up incubator, JLab. John Lewis announced earlier this year that it was launching JLab in a bid to tap into innovative ideas from smaller technology companies and start-ups. The team of mentors, headed up by technology entrepreneur Stuart Marks, include Graham Clempson, managing partner of Quartic Capital, Read more [...]
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Samsung Opens Experience Stores in UK

Samsung’s first stand-alone branded stores have opened today in eight cities across the UK, in a bid to challenge Apple’s dominance on the high street. The electronics company unveiled nine new stores in London, Liverpool, Manchester, Bradford, Cardiff, Bournemouth and Newcastle – where two stores have opened. These outlets join the 22 stores the company has already opened in Germany, Portugal, the Netherlands, Sweden, Spain and Ireland. These 'Experience Stores' will be operated Read more [...]

Another Seth Gem – Deconstructing Generosity

The connection economy is based on generosity. After all, why would someone want to connect to a selfish organization? But the critical need for generosity as an element of our new economy is easy to get lost because it leads to the question, “what is generosity?” The obvious answer, I think, is the wrong one. Generosity is not merely giving a discount, or giving what you make away or creating a race to the bottom. It’s far more complex than that. Some thoughts: It’s understandable Read more [...]

Seth Godin Course Discount Code – Hurry Before it Increases in Price

Seth Godin is a master at marketing and life in general! He has written best selling books (search for him on Amazon) and has a daily blog with insights that really make you think. He has recently created a Skillshare class: "The Modern Marketing Workshop." If you enroll with the link below, you'll save $10 on your first class! Make sure you choose Seth though...! http://skl.sh/1e9XHiR Seth has said the following - so hurry: Based on what I'm learning about the power of commitment, we decided Read more [...]

M&S Launches on WebSphere Commerce

M&S this morning unveiled its new-look website, shaped around its customers over the course of more than two years of testing. The site is built, for the first time, on its own platform (IBM WebSphere Commerce) instead of the Amazon platform it traded on for many years. M&S says today’s launch of its new-look desktop site that extends into the store and onto social media, is a milestone in its strategy to move from a traditional British retailer into an international, multichannel one. Read more [...]

Argos and Homebase demand rebate from suppliers

Argos and Homebase have demanded a 2pc rebate from suppliers in the latest example of Britain's leading retailers squeezing their supply chain. The two retailers, which are owned by Home Retail Group, have sent almost identical letters to suppliers demanding a 2pc turnover rebate for orders placed on and from March 1. According to its annual report, Home Retail already takes 60 days to pay its suppliers, one of the longest waits in the retail industry. Argos and Homebase Read more [...]

Online pound shop launched

An online pound shop has launched this week for the first time, pipping Poundland co-founder Steve Smith’s Poundshop.com venture to the post. Hereforapound.com opened this week offering everything from food and homewares to technology. The online pound shop has been launched by husband and wife entrepreneurs Donna and Mark Baker and counts Stephen Boyd and Sam Mickleburgh, Axminster Carpets chairman and HR director respectively, as board members. Smith’s online store – a single-price Read more [...]

Amazon UK sales growth slows as competition step up their game

Amazon has suffered a slowdown in Britain, with revenues rising only 12.6 per cent to £4.5 billion last year, the London Evening Standard can reveal. Analysts said Britain’s biggest online retailer was feeling the squeeze as traditional players such as John Lewis and Dixons raised their game — particularly with “click and collect” services. Accounts filed by the US parent company show Amazon’s UK sales were $7.29 billion (£4.46 billion) — a rise of around $800 million Read more [...]

New Trend by Retailers and Digital Consultancies – Setting up a Lab

Many consultancies such as IBM and Sapient Nitro have have set up labs, but it now seems a lot of retailers are doing the same. Department store Marks & Spencer has created a specialist unit and has begun hiring a 6 man team to experiment with and develop retail technology as part of its long-term growth strategy. Marks & Spencer is to foster a ‘Silicon Roundabout’-style start-up mentality to drive its multichannel ambitions through the creation of a ‘digital lab’ with Read more [...]