Microsoft buys Nook e-reader stake for £372m

Posted by & filed under e-commerce, General news, Retail.

Microsoft is looking to give American bookstore Barnes & Noble worldwide exposure, after buying a stake in its Nook e-reader operation for $605million (£372million). The Nook has proved a strong rival to Apple's iPad and the Amazon Kindle Fire in America, as it has successfully leveraged the strong position of Barnes & Noble in the… Read more »

24-hour online shoppers driving e-commerce growth

Posted by & filed under e-commerce, Retail.

A new breed of shoppers happy to buy online at any time and from anywhere is at the forefront of the continuing rise in online shopping. That's the conclusion of a report commissioned by payment services provider WorldPay. British consumers were also found to be particularly adept at multi-tasking, with more than half (51 per… Read more »