Latest online retail news – Page 29
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NewsShopify enters global partnership with B2B retail marketplace
Shopify has entered a global partnership with B2B independent retail marketplace Faire, which will introduce new ways for businesses to grow and manage their offerings across both platforms.
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NewsAsos restricts buy now, pay later services in latest profit push
Fashion giant Asos has introduced restrictions on its buy now, pay later services for shoppers as part of its latest bid to improve profitability, Retail Week has learned.
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NewsM&S to sell Adidas and Sweaty Betty online as it extends brand strategy
Marks & Spencer will start selling products from Adidas and Sweaty Betty in an extension of its brands strategy.
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NewsH&M U-turn on charging customers to return online purchases in-store
H&M has said it will not charge a returns fee for shoppers who return online purchases in-store.
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NewsNext raises profit guidance as sales boom
Next has increased its full-year profit guidance for the third time this year as sales and profits boomed during its first half.
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NewsTikTok shop launches refurbished tech category
TikTok Shop has launched a new refurbished technology product category in the UK for users to buy directly from the platform.
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NewsPoundland relaunches ecommerce website
Value giant Poundland has relaunched its ecommerce website, offering customers a range of around 3,000 products online.
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NewsH&M becomes latest retailer to charge for online returns
Fashion giant H&M has become the latest retailer to introduce a fee for customers returning parcels ordered online.
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NewsAsos set to close outlet department
Fashion giant Asos is set to close the outlet department of its business, which is home to non-strategic third-party brands, in a bid to continue its focus on improving profitability.
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NewsNaked Wines reports ‘foundations laid to focus on profitable growth’
Online specialist Naked Wines has said its focus on profitability will pay off despite suffering a statutory full-year loss.
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NewsOcado sales rise as customer proposition strengthened
Online grocer Ocado has reported an increase in quarterly sales following price cuts and a focus on improved execution.
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NewsZalando launches ‘visual-first’ content platform with Highsnobiety
Online fashion giant Zalando has launched a new “immersive visual-first” fashion experience, Stories, in partnership with fashion media brand Highsnobiety.
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NewsTikTok Shop boosts in-app shopping with commerce partnership
TikTok Shop has partnered with global ecommerce network CommerceHub to help accelerate growth of its in-app shopping experience.
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NewsFreemans axes catalogue after 118 years
Home-shopping retailer Freemans has announced plans to stop printing its catalogue after 118 years, in its journey to “reinvent itself as a digital pureplay”.
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NewsGousto on track for record profits despite cost-of-living crisis
Gousto is on track to post record profits this year despite record food inflation and the cost-of-living crisis, the meal kit box subscription business said.
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NewsThe Range makes £5m deal to acquire Wilko brand and website
Value retailer The Range has made a deal to buy the Wilko brand from administrators PwC for around £5m, saving 36 jobs in the process.
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NewsDigital wallet use to surpass card payments within 10 years
Digital wallet transactions are set to overtake card transactions and other payments in the UK within 10 years, according to new research by FreedomPay and Retail Economics.
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NewsAmazon launches trial with Iceland
Amazon and Iceland have signed a deal for the ecommerce giant to sell the supermarket’s food on its website.
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NewsSøstrene Grene opens online UK shop
Søstrene Grene is to make its range of home decor and accessories available to shop online in the UK for the first time.
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NewsSainsbury’s adds Simply Be to brand portfolio
Simply Be, which is owned by fashion retailer N Brown, has announced a new partnership with Sainsbury’s that will see a range of its products available both in store and online.