Woolworths back in business online

Woolworths, the iconic peddler of pick ‘n’ mix, is staging a slight return online. But can it succeed in cyber space with the same product lines that helped it go bust on the high street?
The Woolworths we know and love fell into administration late last year with debts of £385m. Companies waded in to buy [...]

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ASOS posts latest profits surge

Online fashion retailer ASOS.com posted a 93 per cent increase in year-on-year profits today, reflecting the website’s continued robustness in the face of recession.
The increase came on top of a 52 per cent increase on sales in the 13 weeks to June 26 compared to the same period in 2008. ASOS founder and chief executive [...]

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