Tag Archives: retail

Biggest fall in UK retail sales in seven years

UK retail sales posted their biggest quarterly fall in seven years in March, as the prices of everyday goods continued to climb. By volume, sales were down 1.4% on the preceding quarter, and down 1.8% compared with February 2017, according to the Office for National Statistics. In the quarter, they fell across all types of shop except those selling textiles, clothing and footwear. But the total amount spent was still higher than a year ago. ‘Clouds gathering’ Kate Davies, senior statistician at the ONS, said: “This is the first time ...

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Apple found guilty of price-fixing in Russia, strong-arming its retail partners

Apple has run into trouble with US regulators on several occasions to date, including its attempt to illegally collude with book publishers to manipulate eBook prices. Up until now, the company has never been accused of breaking the law on iPhone prices. Earlier this week, the Russian Federal Antimonopoly Service ruled Apple’s Russian subsidiary had illegally ordered its retail partners to sell the iPhone 5s, 5c, iPhone 6, 6 Plus, 6s, and 6s Plus only at its own specified prices. Furthermore, Apple monitored all 16 of its partners and would ...

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Record retreat; Oil slips; Retail bonanza

1. Stocks slide: Investors are coming back from the long weekend and they’re ready to sell. U.S. stock futures are pointing down and European markets are all declining in early trading, with some off by more than 1%. Let’s block ads! (Why?) Latest financial news – CNNMoney.com

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Nearly 44,000 retail workers have been laid off in 2016

America’s top retailers in trouble These are tough times for people working at department stores and other big mall-based retailers. Macy’s (M) announced on Thursday that it plans to close 100 stores. The company didn’t give any details about how many people would lose their jobs. Let’s block ads! (Why?) Latest financial news – CNNMoney.com

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Overwatch Heads to Retail a Day Early, But Only So You Can Get Ready for Launch Day

Those buying physical copies of Overwatch will be able to pick the game up a day before its official launch, though there has been no change to when its servers will actually be going online. Late last week, Best Buy began notifying those who preordered Overwatch that its release date had been shifted forward by a day, from May 24 to May 23. Contacted for comment at the time, Best Buy would only tell GameSpot that Overwatch would now be available on May 23, but playable on May 24. Blizzard ...

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Oculus shipping hardware to retail stores while pre-orders are delayed for months

One of the most difficult aspects of VR is how hard it is to actually convey the experience of using the device. It’s not the first time we’ve had this problem — both 3-D and multi-monitor configurations don’t translate well to still photos or even most video — but VR takes the problem and turns it up to 11. It is therefore good news that Oculus will be teaming up with Best Buy and offering VR headsets consumers can walk in and test-drive before plunking down $ 600 in cash. ...

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Paragon $60 Physical Retail Edition Coming With Skins and In-Game Currency [UPDATE]

[UPDATE] Epic has responded to our request for comment, confirming the Essentials Edition will contain an Early Access version of Paragon. “Paragon Essentials Edition will offer a great value to players who are looking to hop into the game early and get more than $ 160 of value (based on in-game currency) for only $ 59.99. The Essentials Edition will be available at retail locations in June, when Paragon is still in Early Access. We’re excited to let fans join the fight early as we evolve the game over the ...

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If you bought an Oculus dev kit on Kickstarter, you’re getting the retail version free

Share This article This news is going to make a lot of early Oculus backers very, very happy. The company announced at CES 2016 that anyone who paid for an early version of the hardware through Kickstarter will receive the retail version for free. This offer applies only to backers who pledged money during the initial Kickstarter run, not anyone who purchased a second-generation dev kit (DK2) or has purchased hardware since the company was bought by Facebook. Games like Eve: Valkyrie look amazing This announcement will go a long ...

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Cyber security expert warns German banks of retail payments risks

OXFORD, England (Reuters) – A top cyber security researcher has warned German banks that their retail payment systems have security flaws that could allow fraudsters to steal payment card PIN codes, create fake cards or siphon funds from customer or merchant accounts. Reuters: Technology News

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