Latest online retail news – Page 43
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NewsSosandar narrows losses as ‘normal trading conditions’ return
Sosandar has narrowed its full-year losses and hailed the return of “normal trading conditions” following the impact of the coronavirus pandemic.
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NewsAmazon faces CMA probe over treatment of third-party sellers
Amazon is being investigated by the UK’s competition watchdog over its treatment of third-party sellers that use its online marketplace.
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NewsAO launches £40m share placing after insurer cuts cover
Pureplay electricals giant AO is aiming to raise £40m through a share placing weeks after its credit insurance for suppliers was cut.
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NewsVery Group drafts in former Walmart director as chief executive
Online retailer Very Group has appointed an ex-Walmart executive to become chief executive as Henry Birch stands down after four and a half years in charge.
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NewsFrasers snaps up stake in fashion marketplace MySale
Frasers has bought a 28.7% stake in Australia-based fashion marketplace MySale, which it said would help it clear end-of-line stock.
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NewsAsda, Asos and Amazon warn online sales tax could do more harm than good
Executives from major retailers met with financial secretary to the treasury Lucy Frazer last week to warn of the potential impact of an online sales tax.
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NewsNaked Wines back in the black as subscriptions rise
Naked Wines has reported strong growth as its bid to increase repeat customers and subscriptions pays off.
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NewsAmazon names Doug Herrington as new retail chief executive
Retail giant Amazon has named Doug Herrington as the new chief executive of its retail arm, weeks after the previous boss stepped down.
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NewsGrocery inflation hits 13-year high costing customers an extra £380 a year
Grocery inflation has hit a 13-year high in the month of June, with food bills on course to increase by an average of £380 a year for customers.
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NewsPrimark launches first ecommerce foray with click-and-collect trial
Primark is moving into multichannel retailing with the launch of its first-ever click-and-collect trial later in the year.
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NewseBay European boss poached by Asda owner TDR Capital
The head of eBay Europe, Rob Hattrell, is leaving the marketplace giant to join private equity firm and Asda co-owner TDR Capital in the autumn.
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NewsAO scraps German business following strategic review
Electrical goods etailer AO.com has taken the decision to close its German business after eight years of trading, following a strategic review into its performance.
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NewsZara owner Inditex posts sales and profit rise despite Ukraine war impact
Fashion giant Inditex, owner of Zara, has reported a suresulrge in sales and profits but booked a substantial provision for the costs of Russia’s invasion of Ukraine.
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NewsEx-Asos boss Nick Beighton joins Secret Sales
Former Asos chief executive Nick Beighton is set to become chair of discount fashion platform Secret Sales.
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NewsAmazon’s global consumer boss exits
Amazon’s worldwide consumer chief executive Dave Clark is leaving the business after 23 years.
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NewsAsos makes moves to ‘be more circular’ with Thrift+ partnership
Asos has taken steps towards one of its key sustainability pillars – “be more circular”.
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NewsMissguided close to collapse after winding-up petition issued
Fashion etailer Missguided is on the edge of collapse after creditors filed a winding-up petition.
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NewsThe Very Group owners revive plans for £4bn listing
The Very Group owners the Barclay family have brought back plans to float the online retailer to the tune of £4bn.
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NewsOnline sales tax will ‘damage shops and high streets’, Marks & Spencer warns
Marks & Spencer has written to chancellor Rishi Sunak setting out its opposition to an online sales tax.
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NewsExclusive: French Connection partners with Hirestreet to launch rental service
French Connection has launched an on-demand rental service on its own site, powered by Hirestreet’s sister platform Zoa.