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
- Credit card payment processing 'poised to become more competitive'
- Star Wars: The Old Republic boasts impressive subscriber growth
- Data encryption 'essential across devices'
- Rhapsody acquires Napster to compete against Spotify
- Sky 'planning to launch on-demand TV service'
- New gTLD adoption 'necessary for many firms'
- Subscription MMOs 'not dying' claims games expert
- Data security 'will be focus of 2012'
- Nintendo branches into online games territory
- ITV delays content micropayment system
