Chinese mobile phone maker Coolpad is poised to launch its first Indian-made smartphone, Retail sales in the UK have declined since September and Ebay dispels five common myths about online fraud. All these stories and more feature in today’s edition. RetailUpdate is still free, so if you enjoy it please share. Have a great day.
asia & New Zealand
Perfect Shape plans Chinese growth As demand grows, the slimming and beauty services chain is planning more stores in greater China. The group’s revenue was up 41% in the six months to September.
Amazon Prime comes to Newcastle The e-tail behemoth has announced it will be offering its one-hour service, Prime Now, in Newcastle and the North East. This is now the third Prime Now location, having launched the service in London and Birmingham earlier in the year.
The final bell tolls for Straus Clothing After 135 years, the North Dakota menswear store is calling it a day. On Thursday, hundreds of loyal customers braved high winds and icy roads to participate in the first day of the retailer’s final sale.
Bristol Farms prioritises food safety In order to make food safety a priority, the 13-store specialty grocery chain has chosen technology from ReposiTrak Inc. to manage regulatory and business documentation compliance within its supply chain.
Black Friday & Cyber Monday still cool A study on the shopping habits of almost 7,000 millennials over the holidays has found that 93% intend to shop on Black Friday and Cyber Monday this year. The survey found that 53% of purchases are influenced by word of mouth, 72% by online reviews and 58% by social media.
Beware of fraud myths Ebay’s Technology Fraud Lab has released a list of five online fraud myths. The myths include it’s too risky to sell digital gift cards, manual review can be replaced by machines and domestic orders are safer than international orders.