Tuesday, 9 October 2012

Hamleys sold to French toy company

Groupe Ludendo buy Britain's most famous toy brand, including flagship Regent Street store, for sum in region of £60m.

Hamley's, Britain's most famous toy shop, has been sold to a French company for an estimated £60m.
The 250-year old store, which has mesmerised generations of children with its seven storeys of toys and games on Regent Street in London, was taken over by Groupe Ludendo, which operates 300 toy shops across France, Belgium, Switzerland and Spain.

The sale is the latest episode in the store's turbulent recent ownership history after attempts to modernise and reinvent itself. The brand began life in 1760 when William Hamley founded a toy shop called Noah's Ark at 231 High Holborn, London.

Read More - http://www.guardian.co.uk/lifeandstyle/2012/sep/17/hamleys-toys-sold-to-groupe-ludendo?newsfeed=true

Monday, 6 August 2012

Shoppers say online shopping delivery charges are ‘worth paying’

UK shoppers are spending £3.523bn per year, the equivalent of £136 for every household in the UK, on delivery charges for online shopping, but new research says they believe it is a price worth paying.

Research commissioned by Trimble through OnePoll, surveyed 1,000 adults, revealing that rising petrol costs, bagging a bargain and the convenience of shopping from the sofa were among the key reasons that make the average £2.99 delivery charge per order worth the money.

The Trimble research is said to support reports of a growing increase in shopping online, with nearly two-thirds of shoppers saying they buy more online now than they did five years ago and 88.9% agreeing they expect to be spending more or the same online between now and 2017.

Convenience (36%) is cited as the key reason for shopping via the web but crowded high streets and shopping centres (20%) and busy lifestyles (15%) are also driving UK shoppers to abandon the high street.

Controversially, 7.6 million UK adults would go as far as to say that the UK high street is dead and over one-fifth of all respondents would like to do most of their shopping online, if they could.

Perhaps surprisingly, the current economic hard times are playing a part in encouraging consumers to shop online. High petrol prices and hefty car park charges are seeing many shoppers opting to stay at home and order via the web, preferring to pay for home delivery.

Read More - http://www.talkingretail.com/news/industry-news/shoppers-say-online-shopping-delivery-charges-are-%E2%80%98worth-paying%E2%80%99