Latest online retail news – Page 161
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NewsAquascutum narrows losses to £1.6m in its full-year results
Luxury clothing retailer Aquascutum has narrowed its losses in its latest full-year results, despite sales plunging by 23% to £6.8m.
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NewsSuperGroup records "strong" Christmas as third-quarter sales rise
SuperGroup posted strong like-for-like growth over the Christmas trading period, as sales rose 12.4% over the quarter ended January 10.
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NewsOcado 'unconcerned' about escalating price war as Christmas sales rise
Online grocer Ocado said it remains unconcerned about the escalating grocery price war and insisted it can cope with the competitive environment.
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NewsNRF: 'Same-day delivery isn't for everyone' says Toys R Us omnichannel head
Toys R Us’ omnichannel boss says some retailers should hold back from same-day delivery because customer expectations will reach a “tipping point”.
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NewsNRF: JC Penney says omnichannel will drive $800m of growth over three years
JC Penney’s chief customer officer Mike Rodgers has said omnichannel strategy will drive $800m worth of growth over the next three years.
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NewsInfographic: Fashion price tracker – online womenswear data
Fashion price data from the week ending January 13, 2015: The average online price per item and percentage of products on markdown from the top ten womenswear retailers.
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NewsAsda and Timpson test online grocery and dry-cleaning tie-up
Asda and Timpson have launched a six-month trial of a service that allows customers to combine their online food shop with their dry-cleaning.
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NewsAsos reports increase in Christmas sales but margins hit
Fashion etailer Asos has reported its retail sales were up 15% over the Christmas period but margins were hit.
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NewsMorrisons boss Dalton Philips to stand down as Christmas like-for-likes drop
Morrisons chief executive Dalton Philips is to stand down as the grocer seeks to appoint a new leader to return it to growth.
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NewsNRF: New Look to rethink its US strategy as it mulls third-party tie-up
New Look’s head of international partnerships Simon Taylor has revealed the retailer is in discussions with third parites about overhauling its US offer.
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NewsBreakfast briefing: Retail news on December retail sales, M&S, Paperchase and Tesco
Retail news round-up on January 13, 2015:December retail like-for-likes fall, M&S boss Marc Bolland under investor pressure, Paperchase poised to push button on £100m sale, Australian firm Guvera eyes Tesco’s Blinkbox Music
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NewsMacy’s to close 14 department stores as it undergoes restructure
Macy’s is to close 14 stores and restructure its merchandising and marketing divisions, investing the savings into creating an off-price model.
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NewsUS retailers celebrate best Christmas sales in 10 years
An improving labour market and a drop in fuel prices helped US retailers record their best Christmas sales in more than a decade.
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NewsAlibaba to splash out $500m on Indian mobile payment platform
Chinese etailer Alibaba is in advance talks to snap up a $500m (£330.4m) stake in India’s One97 Communications’ mobile payment platform Paytm.
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NewsFat Face sales up over Christmas but profits slip in half-year results
Fat Face delivered a 5% rise in retail like-for-like sales over Christmas, however the clothing retailer reported a dip in half-year profits.
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NewsNRF video: Uggs tests RFID in a bid to close the online-offline gap
Footwear retailer Uggs is trialling RFID technology in two US stores in a bid to improve engagement and boost in-store experience.
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NewsElectricals etailer AO World reports strong Christmas as sales rise 38%
Electricals etailer AO World, which trades as Ao.com, has reported a strong third quarter and expects to meet full-year City expectations.
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NewsBreakfast briefing: Retail news on Tesco, ScS and Boohoo
Retail news round-up on January 12, 2015: Ninth Tesco director suspended, White Company profits soar, ScS appoints chairman ahead of IPO, Boohoo bosses buy shares, Lidl reports strong Christmas week.
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NewsInfographic: John Lewis reports strong start to Sale as revenues rise 9.6%
Sales at John Lewis department stores climbed 9.6% year on year to £124.3m last week as the Sale got off to a “bumper start”.
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NewsStrong start for Dreams and Oak Furniture Land in January Sales
Furniture retailers’ January Sales have got off to an encouraging start as they carry the momentum they built up last year into 2015.