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Lee Longlands store in administration due to lockdown

2020-06-20 17:23:54| BBC News | Business | UK Edition

Lee Longlands' first furniture shop opened in Birmingham in 1932 and it has been trading ever since.

Forever 21 re-enters UK and EU with new online store

2020-06-19 12:34:00| Daily apparel & textile news and comment - from just-style.com

Fast fashion retailer Forever 21 is re-entering the UK and EU market with a new online store for British customers as part of its e-commerce centric global expansion strategy.

Tags: with new online store

Apple faces EU competition investigations into App Store, Apple Pay

2020-06-16 14:02:00| Telecompaper Headlines

(Telecompaper) The EU has launched formal antitrust investigations into Apple's App Store and Apple Pay systems. The European Commission said it's concerned that Apple's proprietary payment systems may be limiting competition in the market for respectively digital music and ebooks, and mobile payment services. In both cases, the company appears to be favouring its own services over third-party services on iOS devices.

Tags: store pay apple competition

App Store ecosystem generated USD 519 bln in billings and sales in 2019

2020-06-16 09:13:00| Telecompaper Headlines

(Telecompaper) Apple said that its App Store ecosystem supported USD 519 billion in billings and sales last year. The figures come a study conducted by independent economists at Analysis Group. Of the total, 85 percent went to third-party developers and businesses, with no commission for Apple. The highest value categories were mobile commerce (m-commerce) app, digital goods and services apps, and in-app advertising.

Tags: in sales store generated