Latest online retail news – Page 309
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Flying Brands profits plummet
Multichannel retailer Flying Brands has reported pre-tax profit plummeted 53 per cent in its full-year results to 1.5m.
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WHSmith launches site for entertainment offer
WHSmith has launched a dedicated entertainment website selling more than 200,000 products.
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The Hut hatches plans for unstaffed high street shops
E-tailer The Hut is in talks with shopping centre owners as it mulls the possibility of taking its online venture into bricks and mortar.
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Topman pursues euro online as spend leaps
Menswear retailer Topman has benefited from a surge in online spend from Europe as canny shoppers take advantage of the strength of the euro against the pound.
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NewsJohn Lewis to launch Asos-style fashion website
Department store chain John Lewis is to launch a dedicated fashion website in autumn to rival online giant Asos.
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Barclaycard plans to launch loyalty scheme
Barclaycard wants to launch a loyalty scheme in the next 12 months, which could attract the 90,000 retailers that use the company for card payment acceptance.
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B&Q poised to reveal revamped website this month
B&Q is preparing to relaunch its website with a major redesign this month.
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Tesco adopts packaged software for web push
Tesco is to introduce packaged software from ATG to support its e-commerce business.
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Asos appoints new finance director
Fashion e-tailer Asos has appointed Nick Beighton as finance director.
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NewsThe Hut plots route to become ‘next Amazon’
E-tailer The Hut, which this week bought the rights to the Zavvi brand and website, wants to buy more struggling brands to turn into pure-play sites as it guns to become a serious competitor to Amazon.
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Asda plans online forum to increase price transparency
Asda is gearing up for the launch of an interactive online forum to engage with customers as it continues its drive for “absolute transparency”.
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NewsMydeco.com launches discounted goods site
Furniture and homewares e-tailer Mydeco.com has launched an outlet site for clearance stock and products from defunct retailers to lure cash-strapped shoppers.
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Freemans Grattan cuts over 1,000 jobs
Home Shopping Group Freemans Grattan Holdings (FGH) is understood to have announced over 1,000 job losses after a business review.
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Net-a-Porter to launch discount site next month
Luxury e-tailer Net-a-Porter will launch its discount e-tail site theOutnet.com next month.
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Zavvi website relaunched as rights sold by administrator
Zavvi’s website has been relaunched today and is selling sportswear, lingerie and perfume alongside the entertainment items traditionally associated with the now defunct retailer.
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Online sales will continue to buck economic gloom
Online sales in the UK are expected to continue to achieve steady growth of 6 per cent a year and hit 56bn by 2014, according to research company Forrester.
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EBTM suspends shares and applies to appoint administrators
EBTM, the music inspired fashion e-tailer, has today suspended its shares and applied to appoint administrators for the business.
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Shop Direct Group gets online surge from demise of high street rivals
Shop Direct Group has said that rising online sales and the demise of high street rivals has boosted its e-tail business.
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EBTM future uncertain as administration looms for subsidiaries
EBTM, the e-tailer of music inspired fashion, has applied to appoint administrators to its subsidiaries after failing to raise funding for the businesses.
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EBay expects retailer sales to hit £1bn mark
Online giant eBay expects sales by retailers and other big sellers of product on its site to grow to 1bn.