Latest online retail news – Page 286
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NewsElection outcome could influence retail IPOs
Today’s election result and the implications for consumer and business confidence are likely to influence whether or not a clutch of retail initial public offerings get under way.
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NewsGoogle to launch ebook store
Google will go head-to-head with Amazon and Apple this year when it launches an ebook service.
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NewsAsos confirms plans for marketplace launch later this year
Online fashion retailer Asos has confirmed plans to launch a new virtual marketplace where customers and small independent businesses can sell clothes through the site.
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NewsN Brown to launch health and beauty site
N Brown will launch its first dedicated health and beauty site this year, after reporting full-year profits for the home shopping group that exceeded expectations.
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NewsArgos aims to fend off supermarket competition with store revamps
Argos is to embark on a £70m makeover of its stores for the first time in a decade as it fights off stiff competition from the supermarkets.
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NewsBT Retail Week Technology Awards shortlist revealed
The 60-strong shortlist for this year’s BT Retail Week Technology Awards has been announced.
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NewsArgos to launch interactive TV buyers guide
Argos is to launch an interactive TV buyers’ guide on the web to take advantage of the expected increase in TV sales in the build-up to the World Cup.
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NewsN Brown to enter the US after a record year
N Brown has confirmed plans to enter the US later this year as total sales for the home shopping group grew 4.2% to £690m in the year to February 27.
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NewsAmazon sales and profits continue to soar
Sales for internet giant Amazon have continued to soar in its first quarter, growing 45% to $7.13bn (£4.6bn).
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NewsFindel profits to be below expectations
Home shopping group Findel has reported full year sales up 1% to £582m but said it pre-tax profits would be below expectations after a review of some of its accounting entries.
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NewsBT Expedite to headline sponsor Retail Week's technology awards
BT Expedite has signed up as the headline sponsor of Retail Week’s technology awards.
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Smaller merchants outperform large retailers in web performance league
Size means little when it comes to the performance of retailers’ websites because the inaugural testing of the ‘Retail 500’ of top UK retailers for Retail Week found some of the smaller merchants performed strongly while many of the larger players delivered a weak performance.
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NewsOcado poised to appoint banks for IPO
Ocado is understood to be poised to appoint JPMorgan Cazenove, UBS and Goldman Sachs to advise on a possible £1bn flotation this summer.
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NewsAsos overseas growth woos investors
The international opportunity for online fashion retailer Asos continued to be a winning growth story for investors as overseas sales soared 101% in the year to March 31.
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NewsRivals dent Maplin’s multichannel sales
Electricals retailer Maplin suffered a sharp fall in multichannel sales last year, in stark contrast to its rivals.
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NewsOnline sales up 15% in March
Online sales grew 15% year-on-year in March with strong sales across all sectors, particularly in home and garden, according to the IMRG Capgemini e-Retail Sales Index.
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NewsLuxury industry backs ruling on online sales
Luxury giants LVMH and PPR have spoken out in support of a European Commission ruling that allows brand owners to continue to control how online retailers distribute their brands.
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NewsTesco launches first social networking site
Tesco has launched a social networking site aimed at people taking part in or supporting Cancer Research UK’s Race for Life.
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NewsAsos revenue up 35% as international sales surge
Online fashion retailer Asos achieved a 35% uplift in revenue to £223m in the year to March 31 with full-year pre-tax profits expected to be in line with forecasts.
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NewsThe Outnet’s £1 Sale causes site to crash
Discount designer website theOutnet.com, the spin-off of luxury etailer Net-a-Porter, crashed in some markets on Friday when it hosted a “pop-up Sale” to celebrate its first birthday, selling designer items for just £1.