Nearly three-quarters of freight carriers and logistics firms in the UK are anticipating significant investment in their fleets or infrastructure in the near future.
The level of confidence about the future prospects for the sector is at its highest for more than two-and-a-half years, according to the latest twice-yearly study by Barclays Bank and accountants Moore Stephens.
Three out of four operators who took part in the survey also expect to increase their tur ...read more
A social media campaign mounted by a group of residents of a Kentish island has ended with them lodging the winning bid for a rare near 200-year-old medal given to some of its residents.
Sixteen individuals and businesses from the Isle of Sheppey clubbed together to raise the £175 which funded the successful bid for the silver medal, issued in 1826 by a former Member of Parliament for the area to thank the people who voted him into office.
Terry Brown, a resident of Queenborough on t ...read more
Amazon boss and co-founder Jeff Bezos has been named one of the three most influential figures in retailing in the UK.
Bezos ranks third in the 2014 ‘Power List’ by Retail Week, which ranks the 100 most powerful people in retailing – up from fifth last year.
He ranks higher Tesco chief Phillip Clarke, and long-time UK retail giant, Sir Philip Green, now in charge of Arcadia – which includes Topshop, and BHS.
Reflectin ...read more
A little seasonal good cheer came for eBay sellers yesterday afternoon, as the company announced a climbdown over its requirement for all buyers to be allowed 90 days to return goods bought over Christmas.
Vendors in both the UK and America had expressed their anger that purchasers could, in theory, buy goods from them, and then return them almost three months later, and get a full refund.
The returns period was initially made mandatory for all sellers if they wished to retain ‘Top Rated Seller’ status ...read more
An 84 per cent proportion of sales coming through online channels helped British e-retailer Shop Direct boost its profits more than 500 per cent in its latest year of trading.
The Liverpool-based company’s total sales were £1.74billion, and in the last three months, the proportion of sales via online channels reached 86 per cent.
The proportion of total sales via mobile devices was 44 per cent over the year as a whole, and hit 52 per cent in the last quarter covered by the ...read more
Twitter is continuing to sign up more account-holders, but they are using its services less, the company said in its latest results, announced overnight on Monday.
The news sent the company’s shares sliding on Wall Street, as analysts digested the news that it now expected its next quarter’s revenue to fall short of earlier projections.
The update shows how the company is enjoying roller-coaster fortunes, news agency Reuters noted as it reported the latest resu ...read more
On the day he was named the richest person in China, e-commerce pioneer Jack Ma said his company, Alibaba, would be interested in working with Apple on a large-scale payments technology solution.
His offer comes as Apple’s own new mobile payments service, Apple Pay, starts to gain traction following its launch earlier this month.
Tech newsletter CNet reports that Ma told a conference of tech sector bigwigs in California today: “I hope we can do something together”, when asked about a collabor ...read more
Home and garden products is the latest market sector to witness a big rise in online searches and buying, according to new figures.
The number of search enquiries for home and garden-related products was up by 15 per cent year-on-year in the three months ending in September, figures released by the British Retail Consortium in conjunction with Google, this morning show.
Consumers are also searching while out and about, the figure ...read more