Latest online retail news – Page 36
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NewsTesco suppliers to be charged extra fee for selling products online
Tesco has told its suppliers they will have to pay a new fulfilment fee when selling the grocer’s products online.
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NewsMango profits surge and turnover reaches record high
Mango has posted a strong full-year performance for 2022, as profits surged and turnover reached a record high for the fashion retailer.
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NewsMusic Magpie CEO focused on ‘buying, selling and renting more’ to improve profits
Music Magpie founder and chief executive Steve Oliver has said the company is focusing on “buying more, selling more and renting more” after reporting expected, albeit lacklustre, full-year results.
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NewsZalando sales and profits slow against ‘challenging economic backdrop’
Online fashion giant Zalando has said it will focus on growing its profitability this year after sales slowed against a “challenging economic backdrop” in 2022.
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NewsTHG launches buy now, pay later scheme
THG has launched a new buy now, pay later scheme in partnership with Newpay, a digital credit account.
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NewsCrew Clothing launches digital partnership with Marks & Spencer
Crew Clothing has launched a new digital partnership with Marks & Spencer, joining its ‘Brands at M&S’ platform.
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NewsRetailers welcome new Northern Ireland deal on Brexit
Retailers including Marks & Spencer chair Archie Norman and Sainsbury’s chief executive Simon Roberts have welcomed prime minister Rishi Sunak’s new deal to revise the Northern Ireland Protocol.
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NewsAO rebound due to ‘emphasis on profitability and generating cash’
AO.com has credited its recent successes to changing its strategy to focus on profitability as well as maintaining a quality service that meets customers’ needs.
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NewsOcado swings to loss after challenging year
Online retailer Ocado swung to a loss and reported a fall in its retail revenue for FY2022 as the cost-of-living crisis created a “challenging year”.
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NewsTikTok overtakes Instagram and Facebook as UK’s most shopped social channel
TikTok has become the UK’s most shopped social media channel and has outpaced Instagram and Facebook.
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NewsZalando to cut hundreds of jobs as tough economic conditions bite
Zalando is to axe several hundred roles as it confronts a challenging environment as “pandemic tailwinds fade”.
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NewsWalmart pins second straight profit warning on cautious US consumer
Walmart has issued a second straight profit warning and offered cautious guidance for the year ahead.
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NewsIn the Style founder Frisby wins High Court case
In The Style founder Adam Frisby has won a High Court battle with Paul Clements – who claimed the In The Style brand name and concept was his creation.
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NewsExclusive: Amazon bypasses wholesalers to source directly from brands
Amazon has written to its European vendors to tell them it will now focus on sourcing products directly from brands rather than wholesalers.
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NewsExclusive: Secret Sales eyes international markets after record growth
Secret Sales has posted a record year for growth across its marketplace with chief executive Chris Griffin saying the brand is now “one of Europe’s fastest-growing fashion ecommerce platforms”.
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NewsVery to use AI to improve product discovery for customers
Online retailer Very is set to transform its product discovery experience for customers through AI and machine learning.
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NewsAmazon workers to go on seven-day strike for better pay
Amazon warehouse workers in Coventry are poised to go on a week-long strike as they continue their push for better pay.
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NewsEcommerce sales growth slows to near pre-pandemic levels
Online sales have been growing at a slow rate in 2023 so far, nearing growth levels seen in 2019.
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NewsDeliveroo to cut hundreds of jobs as demand for takeaway softens
Deliveroo is set to cut hundreds of jobs globally, as the cost-of-living crisis softens demand for takeaway.
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NewsExclusive: New Look to trial charging customers for online returns
Retail Week can reveal that New Look has started a trial of charging customers for postal returns of online orders.