Latest online retail news – Page 37
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NewsVery Group promotes CFO to chief finance and transformation officer
The Very Group has promoted chief financial officer Ben Fletcher to the newly created role of chief finance and transformation officer with immediate effect.
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NewsWatches of Switzerland hails ‘omnichannel excellence’ for strong trading performance
Watches of Switzerland has reported a surge in revenue owing to a “dedication to omnichannel excellence and our exceptional client service”.
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NewsExclusive: Asos warehouse damage forces delivery delays
Asos was forced to suspend operations at its Barnsley fulfilment centre after wind damage to the roof caused safety concerns.
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NewsCo-op to accept PayPal payments for online shopping
The Co-op has signed a deal with PayPal allowing customers to use the service to pay for their groceries online.
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NewsAmazon and Apple post mixed results as economic slump impacts demand
Amazon and Apple have both posted mixed results for the fourth quarter as the economic slump dampened demand.
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NewsVery boosts low-cost Everyday value range by 900 products
Very has added a raft of new fashion and home products to its low-cost value range Everyday.
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NewsJD Sports targeted by hackers in cybersecurity breach
JD Sports has warned customers to be vigilant after it was targeted in a cybersecurity hack, which may have exposed its data to fraudsters.
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NewsLevi’s sales rise as direct-to-consumer gains momentum
Levi’s has reported a revenue boost for 2022 as its direct-to-consumer sales rise and demand for denim holds up.
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NewsBensons for Beds posts sales boost as Eve Sleep beds in
Bensons for Beds has reported a sales boost for the last quarter of 2022, driven by strong growth online.
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NewsPrimark boss: Time to change the narrative about online sales growth
The finance chief of Primark parent company ABF believes it is time to rethink accepted wisdom about online retail’s growth trajectory.
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NewsTHG appoints new finance boss as Gallemore switches roles
Online retailer THG has named a new chief financial officer as the previous postholder John Gallemore changes responsibilities.
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NewsSosandar targets in-store customers with Sainsbury’s partnership
Sosandar has entered into a wholesale agreement to sell a range of products through Sainsbury’s, allowing the brand to grow from a pureplay into an omnichannel retailer.
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NewsAmazon reassures customers as it braces for first UK strike action
Amazon has reassured customers there will be no delays as staff in the UK prepare to go out on strike for the first time next week to push for a pay increase from the retail giant.
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NewsDeliveroo profits break even despite dwindling order volume
Deliveroo has taken a step towards profitability, having broken even on EBITDA, despite dwindling order numbers across its UK and international businesses.
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NewsFarfetch announces key leadership changes with new executives
Online luxury fashion retail platform Farfetch has made key changes to its leadership team with new executives joining the business.
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NewsNaked Wines increases profit guidance following ‘solid festive trading’
Naked Wines has increased its full-year adjusted EBIT after a solid trading period in the quarter ending December 26.
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NewsTHG reports record sales and acts to improve profitability
THG, the online group that owns a raft of health and beauty brands, has posted record annual sales of £2.25bn but warned on earnings.
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NewsOcado optimistic about yearly sales growth after flat quarter
Online grocer Ocado expects sales to improve later this year after a flat performance in its fourth quarter.
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NewsReiss expects record profit after strong Christmas
Fashion retailer Reiss has reported strong Christmas trading as sales surged in stores and online.
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NewsMade.com to enter voluntary liquidation process
Made.com will be placed into members’ voluntary liquidation to formally wind up the company, a shareholder vote on the future of the company has concluded.