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Articles about Retail

Larry Ellison, photo by Oracle Corporate Communications

Oracle's $5 BEEELLION acquisition zeppelin looms over Micros Systems

Database and software megafirm Oracle is mulling a multi-billion-dollar acquisition of hospitality and retail tech vendor Micros Systems. The two companies are currently in "exclusive talks" about Oracle buying the company for over $5bn, Bloomberg reported on Tuesday. Such an acquisition would help Oracle combat the slowdown in …
Jack Clark, 17 Jun 2014
LIDL's soft toy showing circular saw blades

Aaah, what's that smell, Nook? Yes, it's death: Barnes & Noble to jettison e-book biz

Barnes & Noble has announced plans to spin off its floundering Nook e-book business as its revenues continue their long decline. On Wednesday, the bookseller reported retail revenues of $956m for the fourth quarter of its fiscal 2014, more or less flat from the year-ago quarter. Meanwhile, revenues from the Nook division were …
Neil McAllister, 25 Jun 2014
The Register breaking news

NBN will turn retail borderless, says Conroy

Communications Minister Stephen Conroy has urged Australian retailers to “get over” their online retailing issues, and embrace the government’s NBN (National Broadband Network) as their next great opportunity or risk Australia losing its international competitiveness in the global economy. His transformation from network builder …
homeless man with sign

Internet retail tax threshold 'probably irrelevant'

Australia's Productivity Commission is re-igniting the debate about online retail, competition and taxation, with an issues paper published late last week. The paper, titled "Economic Structure and Performance of the Australian Retail Industry", launches the commission's inquiry into the industry, with a particular focus on …

Apple axed Brit retail boss for doing his job well - TOO well, perhaps

John Browett must be pinching himself after his stint as Apple's retail veep came to an abrupt and unceremonious end this week, despite stellar numbers from his division of the firm. Just seven months into the prestigious role, the Brit was shown the door for an unspecified reason at the same time as Scott Forstall, senior veep …
Paul Kunert, 01 Nov 2012

Cost-cutting Barclays bank swings axe on 5,600 IT and ops bods

Barclays will axe about 5,600 IT and operations staffers in 2014 in a massive restructuring effort. The at-risk techies work across the retail and investment arms of the British banking group. The plan is to achieve £1.6bn in savings by scrapping about 14,000 full-time staff over the next 12 months, a move unveiled on Thursday …
Gavin Clarke, 08 May 2014

Secret Service probes possible data-leak hack attack at Sears – report

The US Secret Service is helping to hunt for evidence of a possible computer security breach at retail giant Sears, it was claimed today. Bloomberg cited sources familiar with the matter in reporting that the company was working with Uncle Sam's g-men and digital forensics experts at Verizon to probe a possible network …
Shaun Nichols, 01 Mar 2014
Screaming kid

Secondhand Point-o-Sale terminal was horrific security midden

Second hand point-of-sale systems sold through eBay are likely to contain all sorts of sensitive information, according to the work of a security researcher at HP. HP sleuth Matt Oh bought an Aloha point-of-sale terminal on eBay for $200. This type of terminal is widely used in cash registers within the hospitality industry. …
John Leyden, 21 Jul 2014
Nokia

Nokia's 41Mp cameraphone shoots towards retail

Nokia focused attention on its PureView range this morning and announced that the first of its 41Mp cameraphones will shoot onto shelves this month. Announced at Mobile World Congress 2012 in February 2012, the Nokia 808 PureView features a large 41Mp sensor with Carl Zeiss optics and a new pixel oversampling technology. The …
Caleb Cox, 02 May 2012
The Register breaking news

Kiwi ultra-fast net gets retail suitors

New Zealand's NZ$1.5bn Ultra-Fast Broadband (UFB) network-in-waiting has attracted the interest of 13 telecommunications service providers according to Crown Fibre Holdings (CFH), the government agency managing the project. The UFB is set to deliver fibre-optic broadband to over 75 per cent of the New Zealander population within …
Amazon founder and CEO Jeff Bezos

Amazon Fire: Who needs a WAREHOUSE when you have a global ADS PLATFORM?

Amazon could use its new Fire phone to help fight its way into countries where it doesn't - or can't - operate warehouses, says an industry analysis firm. That's the opinion of an analyst at tech beancounter Canalys who believes Amazon's new Fire phone offers the opportunity to roll out a global advertising system of potentially …
Jasper Hamill, 30 Jun 2014
The Register breaking news

Cellnet moves into online retail

ASX listed telecommunications accessories distributor Cellnet has taken a strategic stake in online discount grocery start-up, Off Your Trolley. Cellnet said that the strategic investment was the next step in it's online strategy and expects Off Your Trolley to make a positive contribution to its earnings in the current …
The Register breaking news

CEO Tim Cook: Apple retail stores are 'like Prozac' to me

This was the week when some of the titans of tech hung out at Goldman Sachs Technology and Internet conference talking about their problems. First up was Tim Cook, who was pooh-poohing a lawsuit filed by Greenlight Capital hedge-fund honcho David Einhorn. The suit is attempting to stop Apple from amending its charter to …
BT Openreach van outside Comedy Pub

BT consumer biz saves day: Grr, if it weren't for that meddling Ofcom

Former state-owned telco monopoly BT reported top line declines across the majority of operations for the opening three months of its new financial year with only the consumer biz - fuelled by broadband demand - bucking the trend. Sales for Q1 ended June were two per cent adrift of revenues in the same period a year ago at £638m …
Paul Kunert, 31 Jul 2014

When ZOMBIES go shopping: 40m Target customer breach? That's NOTHING!

Malware linked to fraud in the retail sector may be a bigger problem than even the recent revelation about the compromise of systems US retailer Target suggests. Shopping giant Target and luxury retailer Neiman Marcus both announced significant data breaches during the 2013 holiday shopping season. The Target breach at least …
John Leyden, 23 Jan 2014
Wheat harvest

BT fattens up its sales thanks to hearty fibre+footy diet

BT's wholesale wing continued on its downward spiral during the one-time national telco's third quarter, with sales tumbling nine per cent to £589m from £645m a year earlier. The company's total revenue of £4.6bn for the three-month period ended 31 December 2013 saw modest growth of two per cent as some of BT's other business …
Kelly Fiveash, 31 Jan 2014
channel

Dixons Retail boss pockets £1m in face of consumer meltdown

Dixons Retail chief exec John Browett trousered over £1m in rewards during the most recent financial year, despite the group posting steep losses as it struggled to cope with the consumer meltdown. Browett, who joined Dixons from Tesco in 2007, is masterminding a major cost-cutting drive to turn the losses into profits by …
Paul Kunert, 18 Jul 2011
Derisive laugh

Online shopping tax slug not worth the effort: National Australia Bank

State and federal governments lovingly eyeing off a billion-dollar windfall if the GST threshold on online purchases is lowered are deluding themselves, according to a former Treasury economist now with the National Australia Bank. The NAB conducts a long-running research series into online commerce in Australia, giving weight …
reseller_closures

Mini retail empire Micro Anvika implodes, one shop to be shopped

The administrator of Micro Anvika is continuing to trade the operation out of two stores on London's Tottenham Court Road - one of which will close within weeks - as it mulls over offers for the remnants of the retailer. Back in late September, management at the veteran retailer called in business advisory service and insolvency …
Paul Kunert, 12 Nov 2012
hands waving dollar bills in the air

Apple to 'boot boxed software from retail boutiques'

Now that Apple has opened its online Mac App Store, it is reportedly poised to evict boxed software from its brick-and-mortar retail stores. "Apple is planning on making the move to all digital sooner than expected at their retail stores," MacRumors reports, citing unnamed sources. With physical shelf space being at a premium, …
Rik Myslewski, 08 Feb 2011
channel

Retail meltdown bitchslaps Ingram Micro profits

Weakening consumer demand and a botched ERP system migration dampened Q2 profits at broadline giant Ingram Micro but a currency updraft lifted sales. The largest IT distie on the planet last night reported a near 12 per cent boost in income to $59.7m (£36.6m) and a 7 per cent slide in operating profits to $97.1m (£59.6m) …
Paul Kunert, 29 Jul 2011

Dixons selling £68k gold, diamond, ruby and sapphire iPhone for Xmas

Anyone short of ideas for the stocking filler this Christmas and with a spare £68k down the back of the sofa can look no further: it's time for a Gold iPhone from the Dixons Retail concession at Harrods. The Jesus mobe, made by one of Harrods' commercial partners, is housed by a 24 carat case with over 300 22 and a half carat …
Paul Kunert, 29 Nov 2013

Have PIXmania. In fact, have £59m with it too, Dixons tell German VCs

Dixons Retail has forked out £59m to convince German venture capitalist mutares AG to take loss-making web shop PIXmania off its hands. And so ends the retail firm's costly flirtation with the online gadget souk seven years after it coughed €266m for a 77 per cent stake in the biz and a little over a year after it bought the …
Paul Kunert, 27 Sep 2013
Turnbull with Switkowski in Blacktown

Telecomms regulation neglected in anti-NBN crusade

Here's an idea: instead of the $AU10 million worth of reviews designed to pursue an ideological crusade against the National Broadband Network, communications minister Malcolm Turnbull could instead get to work on fixing the creaking competition mechanisms of Australia's telecommunications industry. It won't happen, of course: …
Decaying red telephone boxes

Chucking cash at sport and broadband starts to pay off for BT

BT shares climbed three per cent this morning off the back of decent end-of-year results from the one-time national telco, which saw its sales growth outshine market predictions. But, despite being buoyed by its unexpected achievement of flat revenues of £18.3bn as well as a six per cent rise in adjusted pre-tax profit of £2.8bn …
Kelly Fiveash, 08 May 2014
channel

Gaming sales wilt after Australian retail orgy

Australian gaming nerds have emerged blinking into the sunlight, and it’s not good news for the country’s formerly- buoyant retail gaming sector. Sales slumped by 16 per cent in 2010 with revenues of AUS$1.7 billion. The market contraction comes after five steady years of growth for the industry covering the hardware, gaming …

Ray-Ban to produce Google Glass data-goggs: Cool - or Tool?

Luxottica, the holding company for pricey eyeware brands Ray-Ban, Oakley, Persol and even Burberry, has inked a deal that will see it design stylish versions of Google's “glass” tech specs. The eyewear company's canned statement says it will work with Google“ on the creation of innovative iconic wearable devices”. To do so the …
Simon Sharwood, 25 Mar 2014

Sing it, Systemax: 10 straight quarters plunging in a row, 10 straight quar....

Shape-shifting mega reseller Systemax has finally broken its run of top line wobbles after 10 consecutive quarters but the US titan still couldn't turn a churn out a profit in its calendar Q2. The New York Stock Exchange-listed dealer last night reported low single-digit sales growth of $831.1m, representing a rise of 1.4 per …
Paul Kunert, 30 Jul 2014
Nuance Dragon Dictate headset

Brit bank Barclays rolls out voice recog for telephone banking

UK high street bank Barclays is introducing voice recognition for users of its telephone banking service. The roll-out of the technology is designed to provide a more secure alternative to pass-codes and the answers to secrets questions as a means to authenticate consumers accessing telephone banking services. The retail bank …
John Leyden, 24 Jun 2014

Twitter hires Google ad exec: Microblogging? We've heard of it

Twitter has poached a Google ad exec to be its head of retail, as it expands its business in preparation for its IPO. JJ Hirschle used to direct media and entertainment advertising for the Chocolate Factory, but will now sell ads to retail companies for Twitter, Bloomberg reported. As is typical of a company about to go public …
india

Apple India to put mini-shops in suburbs to flog entry-level kit

Apple’s ramping up its presence in India with the launch of a range of small brick-and-mortar stores selling mainly entry-level iPhones and fondleslabs, according to a local report. The shops will be set up by disties Redington and Ingram Micro, as well as other partners, in the neighbourhoods of major and tier two cities, …
Phil Muncaster, 12 Mar 2014
Santa Claus on his laptop

Nearly 1 in 5 of UK's Xmas gifts were bought online... not that it helped

A record number of Blighty's shoppers were browsing and buying online for Christmas, but their frenzied clicking wasn't enough to lift total retail sales by even a single per cent, the British Retail Consortium said. According to a BRC and KPMG survey, nearly one in five of all retail stuff bought was picked up from the comfort …
warehouse interior - wide aisle, big shelves

Amazon workers in Germany celebrate strike anniversary with ... ANOTHER STRIKE

Amazon workers in Germany have gone on strike again after the internet souk failed to resolve an ongoing dispute over pay and conditions. The workers' union Verdi said staff would go on strike in Bad Hersfeld and Graben. This industrial action follows an impromptu walkout by more than 600 workers in Leipzig and Bad Hersfeld. …
Jasper Hamill, 02 Jun 2014

Run for the tills! Malware infected Target registers, slurped 40m bank cards

Target today claimed malware infected its cash registers, which allowed crooks to siphon off copies of 40 million credit and debit cards. Chief executive Gregg Steinhafel said point-of-sale (POS) systems were compromised by a software nasty, which harvested sensitive banking information from customers' magstripes. The …
Shaun Nichols, 14 Jan 2014

iWatch 'due November'... Y'all know what time it is? Now you do

The mythical Apple iWatch will, presumably, tell the time, but that doesn't mean the iThing maker will be punctual in unveiling it, claims an analyst. Ming-Chi Kuo, Apple watcher, has predicted the mass production of the smartwatch – whose existence has yet to be confirmed by Apple – will not begin until November. He claimed …
Jasper Hamill, 14 Jul 2014

Amazon earnings narrowly beat bean counter expectations

E-retail giant and cloudy king Amazon narrowly exceeded Wall Street expectations on Thursday, causing the stock to inch up in after-hours trading. The company reported earnings per share of $0.23 and net sales of $19.74bn for its first quarter of 2014, exceeding analyst expectations, compared with EPS of .018 per share and net …
Jack Clark, 24 Apr 2014
Amazon founder and CEO Jeff Bezos

Amazon says Hachette should lower ebook prices, pay authors more

Amazon has laid out its reasons for wanting to drive the retail prices of ebooks downward, claiming that contrary to popular belief, the practice is actually beneficial for retailers, publishers, and authors alike. "With an e-book, there's no printing, no over-printing, no need to forecast, no returns, no lost sales due to out- …
Neil McAllister, 30 Jul 2014

VIDEO SELFIE DRONE: 'AirDog' UAV follows you everywhere you go

A Kickstarter campaign to take the art of sports videography to new heights with the stalking "AirDog" quadchopper has thundered past its funding target. Described as "the world's first auto-follow action sports drone", the AirDog will lift a GoPro and then chase its owner wherever he or she runs with a programmable tracker. …
Lester Haines, 20 Jun 2014
The Queen features in Google's logo

Google gobbles retail reputation ranker

Google has beefed up its online retailing smarts by acquiring KikScore, a US company that ascribes scores to e-commerce businesses based on their level of reputation and trustworthiness. The acquisition, for an undisclosed sum, is a Google acquire- and-shutdown special with the service being discontinued from June 28. Under the …

Ding-dong! Bye bye Sunday lie-in, your Amazon package is HERE

Amazon has convinced the United States Postal Service (USPS) to break with tradition and deliver parcels on Sundays. The web bazaar said the deal will allow customers to receive packages on Sunday if the orders are placed using the Amazon Prime service. The company said it will first try delivering stuff in Los Angeles and New …
Shaun Nichols, 11 Nov 2013

Blighty's biz bods get their paws on Nokia phondleslab

Businesses channels will have real but only limited supplies of Nokia’s first tablet in the next few weeks, while the phone giant has signed an exclusive deal with upmarket Blighty retail outfit John Lewis. Arguably the Lumia 2520 makes more sense in a business than anywhere else, with Windows RT now capable of running an almost …
Andrew Orlowski, 03 Dec 2013
Apple iPad 2

Apple sneaks iPad 2 with 32nm chip into retail

Apple has quietly begun shipping a revamped version of the iPad 2 that delivers better battery life than its predecessor, thanks to the use of 32nm chippery in place of a 45nm part. The new iPad 2 goes by the model name 'iPad2,4'. It's a Wi-Fi only device, its predecessor being the 'iPad 2,1' released in March 2011. The …
Tony Smith, 04 May 2012
RoboCop

EC antitrust cops raid offices of Philips, Samsung, others

EU antitrust regulators have raided the European offices of Philips, Samsung, retail group Media-Saturn, and several other consumer electronics companies, but so far they're not saying what they were looking for. "The European Commission can confirm that on 3 December 2013, Commission officials initiated unannounced inspections …
Neil McAllister, 06 Dec 2013
chewbacca

ChewBacca point-of-sale keylogger SLURPS your CREDIT CARD data

Point-of-sale malware dubbed ChewBacca has hit dozens of small retailers in 11 countries as far apart as the US, Russia, Canada and Australia. Researchers at RSA Security have put the ChewBacca Trojan under microscope revealing much more information about a strain of malware targeted at retailers that, whilst not new for …
John Leyden, 31 Jan 2014
NBN Co Customer premises equipment

NBN Co pricing under spotlight

NBN Co is considering revising its wholesale pricing model, and has approached the industry for comment. According to industry newsletter Communications Day, the usage-based Connectivity Virtual Circuit (CVC) charge, which has been subject to criticism since it was first announced in 2010, may be either overhauled or eliminated …
Apple Mac OS X Server for Mountain Lion

Apple goes after BlackBerry's last stronghold

Apple has opened an office in Indonesia. Twitter member Fauzan Alfi, aka @fauzanalfi, spotted a new listing for Apple on the American Chamber of Commerce in Indonesia’s site. The address provided on that site matches that on Apple's own site. Apple has also started hiring staff in Indonesia, some in retail roles. Why does …
Simon Sharwood, 26 May 2014
Surface Pro kickstand

Microsoft hopes for FONDLESLAB FRENZY as Surface Pro 3 debuts

As expected, Microsoft has started sales of its latest iteration of its Surface Pro, hoping that it'll be third-time's a charm for Redmond's attempts to seduce fondleslab buyers into the joys of Windows 8. "I'm pretty pumped today, because Surface Pro 3 – the tablet that can replace your laptop – is now on sale at retail stores …
Iain Thomson, 20 Jun 2014
Apple signs for auction

18,000 Apple employees could get bite of profits with class-action lawsuit

A lawsuit against Apple by disgruntled employees has just been granted class-action status, potentially creating a payday for staff who say the firm held back their wages and stopped them from taking rest breaks. The lawsuit (PDF), originally filed in 2011 by former Apple retail and corporate staff, claims that managers …
Iain Thomson, 23 Jul 2014

Poor Intel TV dies on vine, its fancy pop-up shops turned into cafes, cinemas

Intel will open three pop-up retail locations in US cities this holiday season, but they won't be the kind of stores that some Intel execs originally envisioned. That's because Chipzilla originally picked up the retail spaces in New York, Chicago, and Los Angeles to host the rah-rah launch of its much-hyped but little-seen …
Neil McAllister, 22 Nov 2013
Three UK logo

Three used cheap deal to lure me into buying expensive slab, chap tells ASA

UK mobile network Three has been rapped for touting a tablet computer that customers couldn't actually buy – and then, having got the interested punters on the phone, tried flogging them a more expensive slab instead. One outraged man told the advertising watchdog that an ad on Three's website stated that the operator's online …
Bill Ray, 04 Sep 2013