Wednesday, January 09, 2013

Google Alert - retail news

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Play.com to close down direct retail business as tax loophole closes
TechRadar UK
Popular online entertainment retailer Play.com has announced that it will close down its direct retail operation. The website, which has long offered some of the best deals on the web for DVDs, Blu-rays, games, consoles and boys toys, will shutter that ...
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Play.com closing retail business in March
Eurogamer.net
"Moving forward we are intending to focus exclusively on our successful marketplace, which is our main business area, and to phase out the direct-retail part of our business," a Play.com statement read. The abolishment of the LVCR loophole has ...
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Play.com shutters retail business; cites tax loophole closure
ZDNet
Summary: Retailer Play.com will shut its retail business after the U.K. government closed a tax loophole last year. Will other businesses follow suit if the price of selling goods goes up? Zack Whittaker. By Zack Whittaker for Between the Lines ...
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Play.com forced to close direct retail business
ITProPortal
Online retailer Play.com will no longer sell directly to customers and is to continue purely as a marketplace, the company has announced. The move, which comes into effect from March, has been forced by the ending of a law that allowed items under £15 ...
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Retail therapy
China Daily
Shopping malls used to be the place people go to shop. But today, these commercial complexes are often much more than that. Gan Tian tracks the lifestyle changes. Liu Sun, a 16-year-old student, is in the midst of preparing for his final examinations.
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China Daily
Australian Dollar Slips on Weak Retail Sales
Wall Street Journal
SYDNEY—An unexpected fall in November retail sales hurt the Australian dollar Wednesday—traders said the weak data reinforces the case for interest-rate cuts. Sales fell 0.1% to A$21.53 billion in November from A$21.55 billion in October but rose ...
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Play.com to close retail business
PCR-online.biz
The online retailer has announced that it will shut down its direct retail business and become a marketplace only business from March 2013. Play.com has cited the closure of the Low Value Consignment Relief loophole in April last year as ultimately ...
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PCR-online.biz


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