Latest online retail news – Page 42
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NewsFarfetch to buy stake in Yoox-Net-a-Porter from Richemont
Farfetch has snapped up a large stake in Yoox Net-a-Porter as owner Richemont right-sizes its assets
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NewsSimply Be launches rental collection on Hirestreet
Fashion retailer Simply Be has launched its first clothing rental range on specialist platform Hirestreet.
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NewsRevolution Beauty warns of stock trading suspension amid audit turmoil
Revolution Beauty has warned that its shares could be suspended from the start of next month due to delays in the audit of its full-year financial results.
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NewsFrasers appoints new joint CEO for Missguided and I Saw It First
Frasers Group has named Greg Pateras as the boss of its newly acquired fashion brands Missguided and I Saw It First.
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NewsZalando cuts marketing spend rather than jobs
Online fashion giant Zalando is scaling back marketing in preference to cutting jobs amid challenging conditions.
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NewsRoyal Mail workers to stage four-day strike, heaping further pressure on retailers
More than 115,000 Royal Mail workers will stage a series of strikes during August and September in a bitter pay row, heaping further misery on retailers.
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NewsDeliveroo losses widen as Next boss Lord Wolfson quits board
Deliveroo has suffered a double blow after posting spiralling half-year losses and revealing that Next boss Lord Wolfson has stepped down from its board.
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NewsAsda partners with Deliveroo for on-demand grocery delivery
Asda has launched a partnership with Deliveroo for on-demand grocery deliveries with the goal to offer delivery from 300 stores by the end of the year.
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NewsCo-op pens fresh Deliveroo deal to offer home delivery from 110 more shops
The Co-op has extended its partnership with Deliveroo for a further three years amid plans to roll out the service to 110 additional stores across the UK.
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NewsJust Eat narrows losses but order numbers fall as lockdown boom unwinds
Online food delivery marketplace Just Eat has narrowed losses despite a sharp drop in order numbers as the world exited the pandemic.
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NewsTikTok enters grocery sector with fresh food offer
TikTok has launched a fresh food offer on its shopping platform
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NewsAmazon posts loss as ecommerce comes under pressure
Amazon has reported a second consecutive quarterly loss, but sales beat expectations despite its online retail business declining.
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NewsShopify lays off one in 10 employees as bet on post-pandemic growth backfires
Canadian ecommerce firm Shopify is set to lay off approximately 1,000 employees after founder and CEO Tobi Lütke said the business made the ‘wrong’ bet on the long-term growth of online retail post-pandemic.
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NewsVery Group poaches marketing chief from Metro Bank
The Very Group has poached its new chief marketing officer from Metro Bank to help maintain the online retailer as a “destination of choice” for consumers
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NewsAmazon blames inflation after increasing cost of Prime subscription
US giant Amazon is increasing the cost of its Prime subscription across its five key European markets as it seeks to offset increases in operating costs
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NewsMorrisons expands international wholesale reach with British Corner Shop tie-up
Grocery giant Morrisons has expanded its global wholesale reach after agreeing a partnership with international grocer British Corner Shop
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NewsOcado losses widen as retail sales slide in ‘challenging’ market
Ocado has suffered widening half-year losses as sales made through its retail business slipped in what it called a “challenging” UK market.
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NewsOcado Retail boss Melanie Smith to step down
Ocado Retail chief executive Melanie Smith is stepping down from the online grocer after three years at the helm.
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NewsAmazon throws down grocery gauntlet with Tesco Clubcard Price Match
Amazon has launched a Tesco Clubcard Price Match scheme as it bids to lure shoppers from the big four grocers during the cost-of-living crisis.
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NewsAmazon to create 4,000 new UK jobs this year
Amazon has said it will create more than 4,000 new jobs this year, which will make it one of the UK’s top 10 largest private sector employers.