JDA Gives a Glimpse of what’s In Store for Retailers
Nearly one in three British online Christmas shoppers experienced problems with their orders this Christmas, according to research conducted on behalf of JDA.
World’s Largest Ship, the CSCL Globe, Arrives in UK from China
The world’s largest container ship, the CSCL Globe, is making waves on its maiden voyage, as it arrives at the Port of Felixstowe in Suffolk, England.
SafeEx Develops Software to Reduce Downtime in Oil and Gas Industry
Danish SafeEx has developed software for Ex inspection and registration, which increases security and streamlines the procedure.
Falling Oil Prices and Russian Sanctions Hit Business Confidence in Europe
Executive confidence in Europe has dropped for the third consecutive quarter as expectations for company and industry growth continue to slide.
John Lewis Remains at the Forefront of Omni-channel Success
John Lewis is still the leading retailer when it comes to perfecting a long-term omni-channel approach, it has been revealed in light of the recent Black Friday and post Christmas frenzy.
The Return of Black Friday Brings Return Headaches for Retailers
Centiro’s CEO, Niklas Hedin says: “Black Friday has undoubtedly provided a revenue boost for many retailers. Yet it does present them with a challenge.”
Christmas Crime Bonanza Could Cost UK 1 Billion
Shoplifting is often considered a victimless crime; however research shows this isn’t the case, and the economic effects of shoplifting during the Christmas period are massive.
BT Agrees to Talks Over $19.5 Billion EE Mobile Deal
BT, the U.K. telecoms giant, has announced that it has entered into exclusive talks with Deutsche Telekom and Orange to acquire their mobile business EE, a move which is set to spark a wave of consolidation in the U.K. telecoms market. BT announced in a statement that key terms would include a purchase price of £12.5 billion ($19.5 billion). "The proposed acquisition would enable BT to accelerate its existing mobility strategy whereby customers will benefit from innovative, seamless services that combine the power of fibre broadband, Wi-Fi and 4G," the company said in a statement. "BT would own the UK's most advanced 4G network, giving it greater control in terms of future investment and product innovation." The exclusivity period would last several weeks, BT said in the statement, in which time the UK telecoms giant would complete due diligence and conclude negotiations. BT was also in negotiations with Telefonica over its mobile arm O2, which may now become the focus of other takeover deals. Consumers are increasingly interested in so-called "quad play" deals, offering television, internet, landline and mobile phone contracts in one package. In the U.K., Virgin is the only phone company currently offering these deals, but BT, the country's biggest telecoms company, is expected to start following the deal with Deutsche Telekom and Orange. SOURCE: http://www.cnbc.com/id/102267602
GROW:OffshoreWind delivers £7m boost to the offshore wind sector
Bosses at the GROW:OffshoreWind service made the announcement at a recent supplier event to promote the £1.5bn Dudgeon Wind Farm project in Norfolk.
IKEA to Open First Store in Korea
Global furniture giant Ikea opens its first store in South Korea on Thursday (Dec 18), a much-anticipated market entry that has stumbled at a number of commercial and cultural hurdles along the way.
