News roundup–Cocosa, Best Buy, Majestic Wines


Mohamed al-Fayed, the former owner of Harrods,
is in talks to buy secret-sales website Cocosa
from Bauer Media, reports the Independent.

Majestic Wines has toasted a successful year
with total sales up 10.3 percent to £257.3 million and
pretax profit up 26.6 percent to £20.3 million. Online sales
grew 9.6 percent in the year to 28th March, and now represent
10.2 percent of total UK retail sales. Average online orders are
£142.

US-based consumer electronics retailer Best Buy
has put its European strategy on hold while it reviews its
international expansion plans, writes the Financial Times.

Share

Twitter Facebook LinkedIn WhatsApp

Related News


Sign up to receive our newsletter