Latest online retail news – Page 284
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NewsOnline sales jump 22% in May
Total online sales showed their fastest rate of growth in two years last month, jumping 22%.
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N Brown: Figleaves will be profitable
Home shopping specialist N Brown has vowed to return Figleaves to profitability after buying the lingerie etailer for £11.5m on Tuesday.
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Ideal Shopping Direct to rival Pets at Home with online and TV offer
Ideal Shopping Direct is launching a pets accessories website for pet owners, marking its entry into the pets market.
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NewsArgos iPhone app hits 500,000 downloads
Argos’ iPhone app has been downloaded more than 500,000 times in the three weeks since it launched.
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NewsBT Retail Week Technology Awards winners announced
The winners of the BT Retail Week Technology Awards were announced at a ceremony in London last night.
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NewsN Brown snaps up Figleaves
Home shopping specialist N Brown has bought online lingerie retailer Figleaves for £11.5m.
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NewsCharles Tyrwhitt unveils multiplatform plan
Formalwear specialist CharlesTyrwhitt has unveiled a suite of plans to overhaul its website, move into the made-to-measure market and open up to a further 50 stores over the next eight years.
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NewsH&M to launch Home collection in the UK
Swedish fashion giant H&M has unveiled plans for the UK launch of its homewares range, which include an initial online launch before selling the line in one of its prominent Oxford Street stores.
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NewsMillets launches click-and-collect for Glastonbury
Blacks Leisure’s outdoor chain, Millets, is bringing click-and-collect to Glastonbury festival-goers later this month.
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NewsAsos seeks delivery partners and targets £1bn 5-year sales
Asos is stepping up its delivery options as it plans partnerships with high street stores where customers can pick up and return their Asos orders.
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Gome to invest in ecommerce
Chen Xiao, president of electrical appliances retailer Gome, has revealed plans to invest in ecommerce to grow sales. Online sales were just Yn400m (£40.4m) in 2009, accounting for less than 1% of total retail sales.About 40% of its products are now available for sale online and the service is only ...
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NewsNet-a-Porter to launch men's site
Online fashion retailer Net-a-Porter is to move into menswear for the first time with the launch of a stand-alone menswear site.
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NewsInditex profits surge in first quarter
Zara owner Inditex’s net income surged 63% to €301m (£249m) in its first quarter to April 30, as it revealed its launch date for selling online.
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NewsConfidence grows at Asos as profits soar 44%
Asos pre-tax profits soared 44% to £20.3m in the year to March 31, the online fashion retailer announced in its full year update.
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NewsSports fashion site Extremepie.com on the market
Sports fashion etail site Extremepie.com has been put up for sale by parent Extreme Sports.
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NewsHomeSense reveals large format and website plans
Off-price furniture retailer HomeSense, the sister brand of TK Maxx, has opened a new-model, larger-format store in Merry Hill as it gears up to launch its first transactional website.
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NewsHome Bargains online clampdown catches thieves
Home Bargains’ online initiative to tackle in-store theft has led to more than 20 prosecutions.
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NewsNew Look profits climb 17.7%
New Look has reported strong growth in sales and profits for its full year to March 27 with underlying operating profits for the fashion group ahead 17.7% to £163m.
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NewsMarks & Spencer ramps up its multichannel offer
Multichannel sales climb 27% to £413m, bringing £500m target in sight
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NewsWaitrose deal lifts barrier to Ocado flotation
Ocado and Waitrose have struck a new 10-year supply agreement to run until September 2020 in what is being interpreted as a further sign that online grocer Ocado is gearing up for a float.