30/01/2015 in m-Tail
American online retailer Amazon has flushed away the losses it suffered in the previous two quarters with a sizable profit in its fourth quarter, but for its full fiscal year it still has to accept a loss.
29/01/2015 in Furniture
Australian second-hand seller Cash Converters wants to expand its operations in the north of Belgium, for which it has enlisted two local retail experts: Wouter Torfs (of the eponymous Belgian shoe giant) and Herman van Beveren (Decathlon). ...
29/01/2015 in m-Tail
The Chinese State Administration for Industry and Commerce (SAIC) has reprimanded Chinese Alibaba because one of its online marketplaces, Taobao, has too many counterfeit products for sale. Alibaba disagrees and has launched a counter-offensive. ...
29/01/2015 in Electronics
Sony plans to cut another 1,000 jobs at its smartphone division, as the company's smartphones in the higher echelons of the market is still unable to compete with the likes of Apple (which has just revealed a record-breaking quarter) and Samsung. ...
29/01/2015 in Food
Another set of disappointing results have spelled the end for McDonald's CEO Don Thompson, who will be replaced by Chief Brand Officer Steve Easterbrook. He will take over on 1 March.