Isis Private Equity has made a £4 million investment in
GettingPersonal.co.uk. According to the Wall Street Journal, Isis aims to grow the
business by “by broadening its product range and customer
base”.
Like-for-like sales at electronics retailer
Maplin fell 5 per cent for the year to 26th
December, reports the Yorkshire Business Desk. Maplin’s mail order
business declined 11.6 per cent during the period. There is a
silver lining, however. Pretax profit rose 10.3 per cent from
£32 million to £35.5 million and overall turnover
“nudged up marginally” to £203.6 million.
Grocery etailer Ocado has formally announced its
intention to float on the stock market. Shares will be offered to
customers who have spent more than £300 with Ocado between
January 2010 and 24th June, as well as to Ocado employees and
institutional investors in the UK and abroad.
Following the announcement earlier this month that fashion brand
Zara will sell online in the UK from
2nd September, rival apparel retailer H&M
confirmed September 2010 will also see it launch a UK eCommerce
site.
In today’s Guardian “DSG – the retailer formerly
known as Dixons – renames itself …
Dixons”. The electricals retailer goes back to its
roots.
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