Latest online retail news – Page 34
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NewseBay launches sustainable homewares hub
eBay has launched the Better Than New Homeware Hub to encourage shoppers to consider more sustainable options for their home.
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NewsShein pledges to put sustainability front and centre of growth ambitions
Shein executive vice chairman Donald Tang says everything the retailer will do over the next decade will be with “sustainability and ESG in mind” as it eyes its next phase of growth.
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NewsOcado to close fulfilment centre putting over 2,000 jobs at risk
Ocado is set to close its Hatfield customer fulfilment centre, putting 2,300 jobs at risk.
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NewsAsos targeted by ‘dark destroyer’ short-seller ShadowFall
Embattled pureplay fashion brand Asos has been targeted by a renowned short-seller, which believes the retailer will be forced to raise more cash from shareholders.
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NewsExclusive: Ex-Asda boss Clarke stages Farmison rescue deal
A consortium led by former Asda chief executive Andy Clarke has bought online grocer Farmison out of administration and is aiming to rebuild the business.
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NewsAmazon launches new scheme to help track counterfeit goods
Amazon has launched a new initiative aimed at helping retail stores identify and track marketplace counterfeits.
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NewsTikTok Shop partners with UK-based fulfilment provider
TikTok Shop has chosen a UK-based global fulfilment provider as its partner to help carry out large volumes of orders placed through the social media platform.
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NewsAmazon launches initiative for sellers to expand across Europe
Amazon has launched an initiative to help sellers extend their business to all its UK and European marketplaces.
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NewsTHG enjoys sales growth but misses downgraded earnings guidance
THG has reported an increase in revenue but missed its downgraded EBITDA expectations.
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NewsTHG shares surge off the back of private equity buyout approach
THG shares have surged after the retailer confirmed it received “a highly preliminary and non-binding indicative proposal” for a buyout from private equity firm Apollo Global Management.
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NewsExclusive: B&M pulls the plug on ecommerce home deliveries
B&M has abandoned online home delivery after a trial period had previously been available to customers on its website.
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NewsPrettyLittleThing boss Umar Kamani steps down after 12 years
PrettyLittleThing’s founder and chief executive Umar Kamani has announced he will step down from the fashion retailer after 12 years as he embarks on “new challenges and goals” and plans to “build new brands”.
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NewsWatch: Asda trials driverless deliveries in London
Asda has today launched what it says will be Britain’s biggest autonomous grocery home delivery trial.
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NewsKidly turns to the crowd to raise cash for own-label range
Kidly has launched a crowdfunding campaign to invest in its own-brand range.
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NewsFreemans launches new value initiative as cost of living climbs
Online retailer Freemans has unveiled its new Everyday Value initiative in an attempt to “help families on a budget” amid the cost-of-living crisis.
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NewsMarks Electrical hails strong business model as revenues soar
Pureplay retailer Marks Electrical has reported record revenue growth in its latest financial year, which it attributed to a strong business model that enhanced margin.
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NewsTHG strikes 10-year partnership with ecommerce retailer Maximo Group
THG has announced a 10-year strategic partnership with beauty ecommerce retailer Maximo Group, which owns sites such as allbeauty.com and fragrancedirect.co.uk.
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NewsAmazon to close online shop Book Depository in latest bid to cut costs
Amazon is set to close its UK-based online store Book Depository at the end of April.
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NewsApple to cut staff in corporate retail teams
Apple is set to lay off staff from roles within its corporate retail teams as the tech giant bids to improve its operations.
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NewsAmazon workers announce six new strike dates
Amazon workers are set to strike again as the ongoing battle for a pay rise to £15 an hour and better working conditions continues.