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Finance

Amazon narrows Q3 losses as sales rise 24%

Published on October 25th, 2013 | by The GC Team

Amazon narrowed its third-quarter operating loss from $28 million in Q3 2012 to $25 million. Net sales at the online retail business increased 24% to $17.09 billion, compared with $13.81 billion in the same period last ... Read More


Business

GDHA CE appointed UKTI Representative

Published on October 24th, 2013 | by The GC Team

GDHA Chief Executive Denver Hewlett has joined the UK Trade and Investment’s (UKTI) network of leaders for the launch of Export Champion 2014, an initiative unique to the North West and designed to offer local businesses ... Read More


Business

BRC moves to solve business rates problem

Published on October 24th, 2013 | by The GC Team

The BRC today announced the appointment of tax experts EY to support a “rigorous process” of examining the options for reform of the business rates system. The outcome will be recommendations for changes to business rates ... Read More


Finance

Argos posts first-half sales growth

Published on October 23rd, 2013 | by The GC Team

Argos and Homebase parent Home Retail Group today announced its results for the 26 weeks to 31 August 2013, reporting a good first half, with both businesses delivering positive like-for-like sales performances. Sales at the Group ... Read More


Business

Retailers set for best Christmas since 2007

Published on October 15th, 2013 | by The GC Team

A new study suggests that retailers will have their best Christmas since 2007 with consumers spending almost £2 billion more than in 2012. Market research company Verdict estimates that £88.4 billion will be spent in the ... Read More


Industry News

Humax launches new Freeview +HD box

Published on October 14th, 2013 | by The GC Team

Humax has launched a new Freeview +HD box offering subscription-free access to all Freeview TV and radio channels including High Definition programmes. HDR-2000T will be available from 18th October from retailers including John Lewis, Tesco, Currys ... Read More


Business

Opcapita to receive £117 million from Comet collapse

Published on October 14th, 2013 | by The GC Team

Almost £117 million is to be returned to OpCapita and its backers from the collapse of electrical retailer Comet, according to new documents. The Sunday Telegraph reported yesterday that accounts from Hailey Acquisitions Limited (HAL), the ... Read More


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