News
Stay up to date with CommerceGate news through our RSS Newsfeed
You can also follow CommerceGate on Twitter
Dont forget to sign up to our newsletter!
2010-07-21
Shop Direct reports growth
UK multi-channel retailers that accept credit cards online have reported a bumper June and Shop Direct is getting in on the action, it has been reported.
The UK firm has reported significantly lower losses in the year to end April 30th compared to the 12 months before that period, according to the Liverpool Echo.
Losses for the period were £21 million, compared with £114 million for 2009.
The news comes as the latest IMRG/Capgemini e-Retail Sales Index noted that firms that rely on online payment processing saw a 20 per cent year-on-year increase in internet sales in June.
Multi-channel retailers were highlighted as having a particularly strong month, with this sector witnessing a 27 per cent increase.
Shop Direct chief executive Mark Newton-Jones told the newspaper: "Today the group is a multi-brand, multi-channel business selling a huge range of products that cater for all customers across many demographic groups in every postcode."
Related news:
Back to top
- Payment Solutions
- US Based Services
- EU Based Services
- Request more information
- Sign Up!
- News Categories
- Online Payment Processing News
- Online Credit Card Processing
- EU and US Direct Merchant Account News
- Online Merchant Business News
- Recent News
- Online payment processing may be impacted by real-time search
- Zara to use online payment processing for UK customers
- ASA extension 'should not affect online marketing techniques'
- Consumers prepared to spend big bucks via mobiles
- World E-Money Council appoints co-chairman
- Mobile 'is not threat to fixed internet'
- Online billings solutions providers 'may need to diversify'
- Merchant Risk Council gearing up for European conference
- Mac security risk 'increasing'
- UK consumer confidence up
"Strategic Alliance
of The Year
"
"Billing Company
of The Year"
