Latest online retail news – Page 160
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NewsEbay to cut 2,400 jobs as it prepares for PayPal spin-off
EBay will cut 2,400 jobs, or 7% of its staff, in the first quarter as it prepares to split from its PayPal business later in the year.
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NewsAlibaba founder Jack Ma targets annual sales of more than £313bn
The founder of Chinese etailer Alibaba, Jack Ma, has unveiled ambitious plans to grow its consumer base to 2 billion people around the world.
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NewsVirtual currency bitcoin receives vote of confidence as Coinbase raises $75m
Virtual currency bitcoin received a vote of confidence after Coinbase, which provides bitcoin wallets, raised $75m (£50m) in a funding round.
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NewsMarks & Spencer launches coffee stamp card app to drive customer loyalty
Marks & Spencer has teamed up with Eagle Eye Solutions to test a mobile coffee stamp card app to reward customers for their loyalty.
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NewsMySale closes US and South Korean sites to focus on UK as it dips into red
MySale has closed its US and South Korea websites in order to focus on the UK and other key markets after reporting a loss.
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NewsBreakfast briefing: Retail news on Marks & Spencer, Tesco, Ebay and Amazon
Retail news round-up on January 22, 2015: M&S tests loyalty app; Ebay to lay off 7% of workforce; Tesco shortlists two for chairman; Amazon stops sales of nappies
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NewsInfographic: Fashion price tracker – online womenswear data
Fashion price data from the week ending January 20, 2015: The average online price per item and percentage of products on markdown from the top womenswear retailers.
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NewsThe Hut Group launches Elizabeth Arden's new ecommerce website
Beauty products brand Elizabeth Arden has linked up with The Hut Group to launch its new ecommerce website, which offers next-day delivery.
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NewsArgos bolsters fashion range with exclusive Cherokee deal
Argos has bolstered its growing fashion offer after inking an exclusive deal to stock American clothing brand Cherokee from this summer.
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NewsBreakfast briefing: Retail news on Sports Direct, Amazon, Morrisons and more
Retail news round-up on January 21, 2015: Ashley reduces stake in Sports Direct; Amazon’s Sunday deliveries quadruple; Scottish retail sales down; and more.
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NewsEtailer Rakuten ties up with Japan Post to offer click-and-collect
Japanese ecommerce giant Rakuten has teamed up with Japan Post to launch a new click-and-collect service across the country.
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NewsNaked Wines toasts record performance as Christmas sales soar
Online wine specialist Naked Wines notched up a 40% rise in sales over Christmas and shipped a record 13 million bottles last year.
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NewsOffice receives warning after breach of online customer data
Shoe retailer Office has received an official warning from the Information Commissioner’s Office after online customer details were hacked.
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NewsBreakfast briefing: Retail news on Morrisons, Naked Wines and Tesco
Retail news round-up on January 20, 2015: Morrisons online chief to leave, Naked Wines toasts strong Christmas, Tesco retains top spot in Ireland
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NewsCrime costs retailers a record-breaking £603m in 2014
Crime cost retailers a record-breaking £603m last year, as thieves target high-ticket goods, according to figures published this morning.
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NewsMountain Warehouse's Christmas sales soar on bricks-and-clicks strategy
Mountain Warehouse saw sales soar over the Christmas period, driven by the outdoor clothing retailer’s bricks-and-clicks strategy.
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NewsBreakfast briefing: Retail news on Austin Reed, Tesco, Black Friday and more
Retail news round-up on January 15, 2015: Austin Reed examines restructure, Online sales cross £100bn mark in UK, Tesco downgraded and MPs urge retailers to ditch Black Friday.
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NewsAsda restructures senior team as it braces for 'toughest year yet'
Asda has restructured its senior management team in what its boss Andy Clarke expects to be “the toughest year yet for our sector”.
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NewsOKA Direct posts "strong" December as sales increase 19%
Furniture and homewares retailer OKA Direct recorded a “strong” December as sales increased 19% over the five weeks ended January 3.
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NewsUK online retail sales exceed £100bn for first time in 2014
The latest figures from the IMRG Capgemini e-Retail Sales Index reveal that online sales in the UK exceeded £100bn for the first time in 2014.