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Best Buy Reports Better-Than-Expected Revenue and Net Earnings

Best Buy Co., Inc. today reported net earnings of $570 million, or $1.35 per diluted share, for its fiscal fourth quarter ended on Feb. 28, 2009. The leading consumer electronic retailer’s net earnings declined by 23 percent compared with $737 million, or $1.71 per diluted share, for the prior-year period.
The company also reported that it [...]

Disabled accessibility for websites still an issue for UK online retailers

Webcredible report reveals mixed results for top UK retailers and highlights the need for retailers to move to the next level of online accessibility for disabled users
Headline findings:
- UK online retailers score an average of 57% in disabled access test
- H. Samuel tops [...]

Art.com, Inc. Notifies Customers of Unauthorized Access to Credit Card Numbers

Art.com, Inc., an online retailer of posters, prints and framed art, operating websites including Art.com and Allposters.com, today issued the following notice to its customers alerting them that a criminal internet “hacker” recently broke through Art.com’s multiple security layers and illegally gained access to names and encrypted credit card account numbers for some transactions made [...]

50% of UK’s leading high street retailers websites offer poorer customer experience this Christmas compared to last

Webcredible’s annual benchmark report indicates retailers stand to lose £100million1 in revenue this Christmas as retailers struggle to keep up with 40% year on year growth2 in online sales
17 October 2007 – Whilst online sales revenue from the Christmas shopping period this year is predicted to top £10 billion3, the UK’s leading names in retail [...]

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