Latest online retail news – Page 22
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NewsZalando holds firm on guidance as profits improve
Online fashion giant Zalando has confirmed its full-year guidance for 2024 after delivering growth and “improved” profitability during the first quarter.
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NewsMore than half of UK consumers opt for lockers for online delivery
More than half of UK consumers are now using delivery lockers for online purchases, as convenience and sustainability top the list of incentives for the service, according to research by Retail Economics and InPost.
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NewsAmazon sales surge driven by AI and advertising
Amazon has posted a surge in sales during its first quarter, helped by the appeal and success of its AI and advertising capabilities.
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NewsGetir pulls plug on Europe and US markets affecting 1,500 UK jobs
Rapid grocery delivery firm Getir has announced that it will be exiting the UK, Europe and the US, with around 1,500 job losses expected in the UK.
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NewsGMB launches legal action against ‘anti-union’ Amazon
GMB Union has launched legal action against Amazon, claiming the ecommerce giant is carrying out an “anti-union campaign” in the UK.
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NewsFrasers Group to shut office, putting 100 jobs at risk
Frasers Group has reportedly outlined plans to permanently close its Trafford office in Manchester, putting around 100 jobs at risk of redundancy at the fashion giant.
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NewsGetir raises cash to fund UK and Europe retreat
On-demand food retail platform Getir is seeking funding from investors to cover its retrenchment from Europe.
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NewsExclusive: TK Maxx the most popular value website for bargain hunters
TK Maxx was the most-visited value retail website over the past two years, Retail Week can reveal.
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NewsCotswold Co expands home delivery in Northern Ireland
The Cotswold Company is expanding its online offer in Northern Ireland following a trial last summer.
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NewsTHG sales dip as devalued yen hits nutrition business
THG has reported a dip in sales for the first quarter as its nutrition business proved to be a drag on surging beauty sales.
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NewsOcado shareholders push for switch to New York stock market
Ocado is under pressure from its shareholders to consider leaving the London stock market for New York, according to The Sunday Telegraph.
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NewsTikTok Shop UK launches preowned luxury category
TikTok Shop UK has launched a preowned luxury fashion category where shoppers can browse through big brands added to the platform.
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NewsRetail sales flat in March, official data shows
Retail sales growth was flat last month, the Office for National Statistics (ONS) has reported.
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NewsTrouva acquired for third time in two years
Trouva has been bought by Fy!, the third time the brand has changed hands in two years.
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NewsShein executive distances retailer from ‘labour practices’ concerns
A senior Shein director has maintained that technological prowess rather than supply chain working conditions have driven the pureplay fashion giant’s success.
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NewsAsos sales continue to fall as it appoints new CFO
Asos has reported another slump in sales but says it will meet profit guidance for this year as it introduces a new chief financial officer.
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NewsAlibaba launches business academy for female entrepreneurs in Europe
Alibaba.com has launched its Academy for Women Entrepreneurs (AWE) in Europe to champion gender equality and female entrepreneurship.
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NewsSosandar sales climb as it targets first physical stores
Sosandar’s revenue has reached £46.3m as it eyes locations for its first physical stores.
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NewsDr Martens sues Temu over trademark infringement
British footwear brand Dr Martens has launched a lawsuit against Temu, accusing the online giant of trademark infringement.
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NewsGetir eyes restructuring as market value plummets
Getir, one of the world’s largest rapid-delivery grocery platforms, is in talks over a restructuring of the business after its valuation plummeted.