Latest online retail news – Page 52
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NewsSosandar cuts losses as sales climb
Online womenswear retailer Sosandar has reported a strong start to its new financial year following reduced losses and a rise in sales.
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NewsWalmart-backed Flipkart raises $3.6bn to power growth
Indian online retail powerhouse Flipkart has completed a $3.6bn (£2.6bn) fundraising to ”accelerate the growth of the consumer internet ecosystem in India”.
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NewsHotel Chocolat profits to beat expectations as sales climb
Specialist retailer Hotel Chocolat’s full-year earnings will exceed expectations after annual sales rose strongly.
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NewsAsos launches joint venture with US giant Nordstrom
Asos has launched a joint venture with American retailer Nordstrom to boost its stable of brands in the US and Canada.
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NewsITV to trial shoppable TV with Love Island and Boots
ITV has partnered with Boots to launch its first foray into shoppable television, starting with reality show Love Island.
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NewsH&M bounces back to profitability in first half
Swedish fashion giant H&M has returned to profitability in the first half of the year after enduring a bruising 2020 due to the coronavirus crisis.
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NewsAO.com back in the black as Covid drives soaring sales and profits
Pureplay electricals specialist AO.com has reported a return to operating profit driven by a surge in sales and EBITDA.
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NewsDecathlon adds Adidas and Speedo to its arsenal in shift to marketplace model
Decathlon UK will expand its website to include products from new brands in a fresh bid to help make sport more accessible to its customers.
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NewsAsda wades into on-demand grocery battle with new one-hour Express Delivery service
Asda has become the latest established supermarket to move into the rapid grocery delivery space with the launch of its one-hour Express Delivery service.
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NewsUK retail profits forecast to shrink by £8bn by 2025
UK retailers will see profits fall as the move towards ecommerce is accelerated by the pandemic.
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NewsBoots launches new Online Doctor service
Boots has launched an online consultation service for customers that will address 45 non-urgent health conditions.
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NewsFormer Ocado co-founder settles with retailer following lengthy legal battle
Two former Ocado employees, including one of the company’s co-founders, have settled with the company after a drawn out legal battle over information theft.
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NewsJD snaps up specialist sports pureplay
JD Sports has acquired online-only sports specialist Deporvillage, adding to its growing international empire.
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NewsDebenhams launches first brand campaign since Boohoo takeover
Debenhams is launching its first new campaign since being acquired by Boohoo, adding .com to its name to reintroduce itself to customers as a pureplay department store.
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NewsFacebook to add Shops to WhatsApp as it expands ecommerce offering
Facebook is expanding its Shops and Shops Ads products to other platforms under its umbrella including WhatsApp and Instagram.
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NewsAmazon Prime Day sales could be hampered by changing customer behaviours
Experts have said changes to consumer behaviours driven by the pandemic, combined with the shifting date of the event, could hamper sales at this year’s Amazon Prime Day.
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NewsTesco expands Whoosh one-hour grocery delivery to London and Bristol
Tesco has expanded its Whoosh one-hour delivery service to London and Bristol, as new boss Ken Murphy unveiled plans to make Tesco a more digital business.
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NewsHalfords drives profit growth as it accelerates transformation
Halfords has reported a strong full-year performance after increased demand for categories such as cycling, partly fuelled by the pandemic.
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NewsDr Martens’ sales and profits rise in IPO year
Footwear retailer and brand Dr Martens has reported increased sales and profits for the year that brought its IPO.
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NewsCarrefour launches customer data platform for third-party brands
Grocery giant Carrefour, one of the world’s biggest retailers, has unveiled a shopper data, personalisation and media platform designed to enhance customer insight and relationships.