Sales at homeware and apparel cataloguer/retailer The
White Company were up 24 percent during the nine weeks
to Christmas Day. In the year to 27th March 2010, The White
Company reported EBITDA of £7.9 million on sales of
£83.9 million-a 5 percent rise on the previous year and
ahead of expectations. The retailer says it is on track to
deliver “significant” double-digit growth in earnings before
EBITDA in the financial year to March 2011.
In a blog post dated 27th December, Robin Goad of Hitwise stated that Boxing Day was the
busiest day for online retailers in 2010. UK internet visits to
online retail websites were 12 percent higher on 26th Deccember
than on the pre-Christmas peak in traffic on 5th December, he
said. The top four sites visited on Boxing Day in the shopping
and classifieds category were eBay in first
place followed by Amazon.co.uk,
Argos, and Next.
Congratulations to Lush founder Mark
Constantine, who was recognised for his services to the beauty
industry in the New Year’s Honours list.
The Furnishing Report writes that
OakFurnitureLand.co.uk has purchased the assets
of collapsed online retailer Price Right
Furniture from the administrators.
Of the 11 distribution centres Amazon.com opened
in 2010, only two were in the United States, reports the Financial Times. This move, says the article,
signals that Amazon is looking to ramp up its presence in the
European Union. To that end, it is recruiting more staff at its
European headquarters in Luxembourg, including logistics experts
“to oversee further expansion and to improve the efficiency
of its growing fulfilment network”.
Stuart Rose looks back at his six-year tenure at Marks &
Spencer in the Guardian.
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