25.06.2009
The Woolworths brand has begun trading as an online business, more than six months after the ex-High Street giant went into administration. Shop Direct Home Shopping reportedly paid administrators between £5m ($8.24m) and £10m for the brand name. Goods on woolworths.co.uk include toys, Ladybird clothing and the firm's iconic pick n' mix confectionery. In December, Woolworths' 807 stores and distribution arm, EUK, went into administration, with £385m of debt. Shop Direct is part of the Littlewoods group, which is owned...
Read more >12.06.2009
A funny thing happened on the way to the mobile Web. Suddenly it's no longer about the Web browser. Ironic, considering that the World Wide Web and the Web browser, created in 1990 by Tim Berners-Lee, are now eating desktop applications alive. The Web has become the vehicle for our consumption of everything from video clips to news to messages from friends and family. Start-up Mint, a Web site that helps organize its customers' financial lives, is thriving. Microsoft (...
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