ASOS presses pause after fire

Global online fashion retail giant ASOS has been forced to take a bold move and press pause on their online store after a fire ripped through their only warehouse. The fire in the ASOS warehouse in Barnsley, West Yorkshire (UK) spread over four floors and more than 500 staff were evacuated. Thankfully no-one was hurt during the blaze that is currently being reported as a malicious arson attack. Continue reading “ASOS presses pause after fire”

Huge Demand for Easter Sales Online

On the 14th May 2014 Statistics New Zealand reported that there had been a rise in retail spending in the first quarter of 2014. In this report Statistics New Zealand said that after adjusting for seasonal effects, the volume of retail trade sales rose 0.7 percent in the March 2014 quarter following a rise of 1.4 percent the previous quarter. Continue reading “Huge Demand for Easter Sales Online”

Vend, is this the next big thing in retail?

Vend

If you haven’t already heard of Vend, you will hear a lot about them this year. This cloud-based point of sale retail software company was launched in Auckland, New Zealand in 2010 and is set to be the next XERO type success story. With a recent investment round raising a huge $25 million of new capital Vend is now set to open offices in London later this year, with future expansion plans across Europe.

Samsung Galaxy Note 3 Released

The latest Samsung phablet, the Galaxy Note 3, has just been released.

Early reviews suggests that it lives up to expectations: it’s slimmer (just 8.3mm), larger and more capable than its predecessor the Samsung Galaxy Note II. The third generation Note’s screen is equipped with an a 5.7-inch HD screen, and the design looks really impressive. New features include a 13 Mega pixel camera and an upgraded pen.

PriceMe On TV1 News

TV1 News recently covered the new trends in online shopping in Online Christmas shopping taking off. The video is also available if you want to watch it online.

The importance of researching products and prices online was highlighted in the news clip. PriceSpy and PriceMe, New Zealand’s two leading shopping comparison websites, were also mentioned in the news clip. This is encouraging news that shows that consumers have a lot to gain by researching and shopping online.

Importance of Shopping Comparison Increases

Hitwise presented data today that shows that the “Rewards and Directories” segment, which includes comparison shopping websites, accounted for about 10% of total traffic in Hitwise’s Shopping & Classifieds industry in Australia in December 2008. Only auctions generate more traffic than the “Rewards and Directories” segment.

This is evidence that comparison shopping to sites like PriceMe is growing, and that its importance as an affiliate sector is increasing. The main reason why shoppers prefer comparison shopping sites is that it saves both money and time. Researching online stores is a time consuming task that PriceMe has already done for shoppers. Comparing prices online also enables shoppers to find great deals.

The Hitwise report also shows that electronics, sports, apparel, classifieds and home and garden are growing categories.