Latest online retail news – Page 245
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NewsOcado set to name new finance director
Ocado is set to appoint former Fitness First financial director Duncan Tatton-Brown as its new finance director.
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NewsThe Hut Group raises £4m to launch new site
Online group The Hut has raised £4m in equity from existing shareholders to help launch new site MyVitamins.com in August.
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NewsJohn Lewis sales buoyed by online sales
Bellwether department store John Lewis experienced an 11.5% surge in sales to £63.58m in the week to June 16 driven by strong growth in online.
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Inditex reports net profit increase
Clothing giant Inditex reported a 30% rise in net profit to E432m (£374.7m) for its first quarter, on revenues up 15.4% to E3.4bn (£2.95bn).The retailer posted its highest-ever gross margin, which rose by 140 basis points to 60.2%.During the quarter Inditex opened 91 new stores in 26 countries. The retailer ...
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Amazon to launch Amazon Cloud Player app for iPhone and iPod Touch
Amazon is to launch an Amazon Cloud Player app for the iPhone and iPod Touch, which will allow US customers to stream or download content purchased on Amazon to their mobile devices.Amazon will compete directly with Apple’s iTunes for downloads of music and videos. Previously Amazon’s Cloud Player was only ...
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NewsDisney Store losses widen as it invests
Disney Store losses widened in the year to October 1, 2011 as it invested in the launch of its websites in France and Germany.
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NewsMumsnet launches new marketplace
Mumsnet has launched a new marketplace partnering with retailers including M&S, Toast and Clarks.
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NewsShop Direct hires banking boss as its new chief executive
Shop Direct has hired banking boss Alex Baldock as its new chief executive.
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NewsRetail sales values jumped 3.9% in May
Retail sales values, excluding fuel, jumped 3.9% year-on-year in May as Brits prepared to celebrate the Queen’s Diamond Jubilee.
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NewsSales at The Hut soar by 71%
Online retailer The Hut, owner of sites including Iwantoneofthose.com and Zavvi.com, has posted surging revenue growth for the first quarter of the year and agreed a new three-year banking facility.
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NewsKiddicare to roll out localised websites
Morrisons-owned maternity etailer Kiddicare is localising prices on its international websites to make its offer more targeted and competitive.
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NewsMajestic Wine hires new commercial boss
Majestic Wine has appointed a new commercial director as it continues to defy market conditions to record sales increases.
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Ahold’s chief executive anticipates profit boost
Ahold’s chief executive Dick Boer has said that he anticipates linking the retailer’s bricks-and-mortar operations to bol.com in future, as a means of boosting profit at the recently acquired online retailer.Boer told newspaper Het Financieele Dagblad that he sees possibilities to work together in categories such as cooking and home ...
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NewsOnline sales surge during Jubilee
Online sales soared 13% year-on-year last month helped by the Queen’s Diamond Jubilee.
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NewsAmazon challenges Apple with iTunes-style service
Amazon is taking on rival Apple by strengthening its online music store.
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NewsJubilee drives strong week at John Lewis
The Diamond Jubilee celebrations, two bank holidays and the fall of half-term all combined to boost sales by 18.1%to £63.1m last week.
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Walmart’s Pay with Cash scheme accounts for nearly 2% of online orders
Walmart’s Pay with Cash scheme – which allows shoppers to order online and pay in cash in store – accounts for nearly 2% of online orders, according to Joel Anderson, chief executive of Walmart.com. He told a conference in Chicago that 30% of Pay with Cash customers were new to ...
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Walmart teams up with Procter & Gamble in month-long promotion
Walmart has teamed up with Procter & Gamble in a month-long promotion of online and mobile shopping in New York City.A lorry covered with QR codes for several P&G products, including Bounty paper towel, Head & Shoulders shampoo and Lams dog food, will tour the city. New Yorkers can use ...
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NewsLaura Ashley: Challenging times ahead
The retailer has weathered tough conditions well but still faces challenges.
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NewsHalfords mulls introducing rapid delivery for car parts
Car part and cycles specialist Halfords is looking at fast-delivery options, including Shutl, for customers making distress purchases.