Latest online retail news – Page 51
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NewsMarks & Spencer launches food range on expat retail site British Corner Shop
Marks & Spencer has extended its online food offer through a partnership with expats’ shopping site British Corner Shop.
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NewsPoundland doubles size of online shopping trial
Poundland’s trial of its online delivery service has been extended to new postcodes in the Midlands and Yorkshire, meaning it is now available to more than 7 million UK consumers.
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NewsMarks & Spencer adds new fashion brands to online stable
M&S is to introduce six more fashion brands to its online platform as it builds its ecommerce operations.
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NewsAmazon adds own-brand food to online grocery offer
Amazon is set to add its own label of food online in a bid to make gains in the grocery sector.
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NewsAsda trials shop-in-shops for new start-up investment Lean Kitchen Network
Grocery giant Asda has invested in digital food service start-up Lean Kitchen Network (LKN) and unveiled plans for a four-store shop-in-shop trial, the latest in a string of partnerships designed to repurpose space in its stores.
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NewsJohn Lewis leases massive distribution centre from Tesco to support online growth
John Lewis Partnership has agreed the lease of a 1 million sq ft distribution centre from Tesco as it builds online operations.
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NewsDeliveroo growth beats expectations as it raids Amazon for senior hire
Food delivery specialist Deliveroo has reported growth “materially ahead of expectations” in its first half, when performance proved resilient as Covid restrictions eased.
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NewsExclusive: ISawItFirst makes top hire ahead of potential IPO
Fast-growing etailer ISawItFirst has hired former Matalan deputy chief executive Greg Pateras, who is understood to be gearing the business up for a stock market flotation.
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NewsThe Hut Group snaps up Cult Beauty in £275m deal
The Hut Group has acquired online beauty marketplace Cult Beauty for £275m and raised its full-year sales outlook as a result.
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NewsAlibaba revenues fall short of estimates as further regulatory crackdown looms
Alibaba reported an increase in sales but a fall in income as annual active consumers across the world reached over 1 billion for the first time.
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NewsVery Group to resume paying dividends to Barclay family
The Very Group will restart dividends to billionaire owners the Barclay family after hitting pause on the payments for four years.
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NewsBloom & Wild snaps up French rival in European expansion drive
Bloom & Wild has acquired French rival Bergamotte for an undisclosed sum, marking its second European acquisition in four months.
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NewsAmazon second-quarter sales soar but pandemic surge slows
Amazon has recorded over $100bn (£72bn) in sales for the third consecutive quarter but forecasts that upcoming growth will be slower than pandemic levels.
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NewsGareth Jones named chair of jewellery pureplay Abbott Lyon
Former group CEO of MuscleFood and Shop Direct executive Gareth Jones is joining personalised jewellery company Abbott Lyon as chair.
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NewsMusic Magpie profits and sales soar following float
Music Magpie has reported strong growth in profits and sales following its recent float on London’s junior market, with chief executive Steve Oliver hailing a “landmark period” for the retailer.
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NewsMoonpig sales and profits soar in first full-year results since float
Pureplay greeting card specialist Moonpig has reported soaring sales and profits in its first set of full-year results since its IPO.
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NewsMarks & Spencer to launch same-day fashion delivery
Marks & Spencer is to introduce a groundbreaking same-day delivery service for apparel as it builds up online capabilities.
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NewsNetflix to diversify further with first retail store opening
Netflix plans to open its first permanent store in Tokyo in 2022, following the introduction of its online merchandise store last month.
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NewsSephora acquires online beauty retailer Feelunique as ‘first step’ into UK
Sephora has acquired online beauty company Feelunique, which chief executive Martin Brok hailed as the “first step for Sephora’s presence” in the UK.
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NewsNext to repay business rates relief after sales surge
Fashion giant Next has increased its profit guidance for the financial year, with sales and profits “materially ahead” of expectations following a strong trading performance.