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Posts made in April, 2014

Tesco announces cuts to online shopping charges after profits slump

on Apr 22, 2014

By Angela Haggerty Tesco is to cut online shopping charges as a part of a range of measures after a profits slump. The changes mean click and collect orders will be free in every store, which the retailer said could save customers £111 a year, while cuts to Delivery Saver prices could see costs drop by £252 per year. One hour Tesco.com delivery slots have been dropped to £1, and a range of cuts across food ranges have been announced. David Wood, UK marketing director at Tesco, said: “I’m absolutely delighted we can do this for our customers. We never stop thinking about how to Read full story › Source: The Drum...

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AT&T and The Chernin Group plan to take on Netflix with $500m partnership

on Apr 22, 2014

By Jennifer Faull AT&T and The Chernin Group are looking to join the likes of Netflix, Amazon and Hulu after partnering for a $500m investment in video streaming services. The pair initially came together last year when they put in a joint bid for Hulu. Full details of the planned offering have not yet been disclosed but the intention is to “acquire, invest in and launch” services, although further details of the acquisition strategy have not been given. ”AT&T and The Chernin Group are combining our skill sets to address the growing consumer demand for accessing content how and when they want it,” explained Read full story › Source: The Drum...

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