Latest online retail news – Page 195
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NewsTesco profits fall as trading environment changes 'more rapidly than ever'
Tesco’s group trading profit plunged 6% to £3.3bn last year and boss Philip Clarke warned that the trading environment is changing rapidly.
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NewsTop Marks & Spencer online manager leaves to join Target
A senior member of Marks & Spencer’s dotcom team has left to join Australian retailer target.
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NewsPoundstretcher full-year like-for-likes grow 3%
Poundstretcher full year like-for-like sales jumped 3% last year driven by its store refresh programme and extended food and toiletry ranges.
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NewsHouse of Fraser full year EBITDA rises as online and own brand thrive
Department store House of Fraser’s full year adjusted EBITDA rose 8.3% to £60.2m driven by own brand and online.
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NewsSports Direct is to begin selling on credit via its website
Sports Direct is to begin selling on credit via its website later this year, as the retailer emulates model successfully used by Next.
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NewsMarch retail like-for-likes fall 1.7% due to tough Easter comparatives
March retail sales fell 1.7% on a like-for-like basis due to the timing of Easter, which falls later this year.
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NewsSir Stuart Rose chaired etailer Soak & Sleep to tap into Australian market
Soak & Sleep, the bed and bath etailer chaired by Sir Stuart Rose, is to expand overseas for the first time and introduce new product categories as part of its growth plans.
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NewsSuperGroup hires former Asda director Jon Wragg as ecommerce boss
SuperGroup has appointed former Asda customer director Jon Wragg as its new ecommerce boss, replacing Chris Griffin, Retail Week has learned.
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NewsAnn Summers ups focus on multichannel with click-and-collect and in-store tablets
Sex toy and lingerie specialist Ann Summers is investing to boost its multichannel credentials and has posted a full-year profits dip.
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NewsAnswer our retailer survey to win tickets to the BT Retail Week Technology Awards
How far have you come in using data to drive loyalty? Complete our quick survey for a chance to win two free tickets to the BT Retail Week Technology Awards.
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NewsPhotobox ramps up m-commerce offer in bid to build business
IPO candidate and Moonpig owner Photobox is ramping up m-commerce as it aims to build the business through more acquisitions.
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NewsBonmarché full-year sales jump driven by online surge
Bonmarché like-for-likes rose 10.4% in its full-year to March 29 as it revealed its financial performance is expected to be ahead of expectations.
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NewsBreakfast briefing: Retail news on WHSmith, Tesco, eBay and more
Retail news round-up on April 11, 2014: WH Smith to operate franchise stores for other retailers, Tesco plans 80-stores food chain, Investor Carl Icahn scraps call to spin-off PayPal and more
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NewsMothercare aims for more exclusives as finance director rules out move to chief executive role
Mothercare aims to woo shoppers with more exclusive products and finance director Matt Smith has ruled himself out from the race to become chief executive.
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NewsAo.com unveils 40% growth in full year sales
Ao.com has confirmed that it finished its year to March 31 in line with market expectations with unaudited sales growth of 40%.
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NewsMothercare UK like-for-likes flat as worldwide sales dip
Mothercare group network sales dipped 2.5% in its fourth quarter as its UK business showed some improvement with flat like-for-likes.
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NewsMarks & Spencer like-for-likes flat but clothing sales improve
Under-pressure Marks & Spencer reported flat like-for-likes but its clothing performance picked up over the fourth quarter.
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NewsBreakfast briefing: Retail news on The Co-operative Group, Marks & Spencer and Ocado
Retail news round-up on April 10, 2014: Lord Myners resigns from Co-op board, M&S reaffirms its commitment to China and Ocado to shun partnerships for the next two years.
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NewsContactless payment transactions grow 383% in 2013, says Mastercard
The volume of contactless payment transactions in the UK has grown 383% in 2013, according to payments processor Mastercard.
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NewsMy-Wardrobe offers shoppers free flights to Europe to woo customers
My-Wardrobe is attempting to lure in customers by offering a promotion offering free return flights to a selection of European destinations.