Latest online retail news – Page 53
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NewsBoohoo records surge in first quarter sales despite international ‘uncertainty’
Boohoo has posted a strong uplift in sales during its first quarter against strong comparitives, with the US and UK driving momentum.
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NewsTed Baker losses deepen as Covid hampers turnaround
Fashion retailer Ted Baker has reported deepening losses and falling revenues in its full year results, leading to the board deciding against paying out a dividend.
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NewsMajestic launches ‘Shop Local’ to give stores online autonomy
Majestic Wine is gearing up to launch a new online shopping platform designed to give greater autonomy to its stores and local consumers.
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NewsJohn Lewis opens website to third-party fashion brands in D2C push
Department store group John Lewis is to introduce 100 third-party fashion labels to its website over the next 12 months, creating a direct-to-consumer platform for brands.
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NewsAmazon faces watchdog probe in UK over its use of data
Competition watchdogs are preparing to launch an investigation into how Amazon uses data collected from its third-party sellers.
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NewsData: Sharpest online sales fall on record as restrictions ease
Online sales recorded their biggest drop in volume ever last month, though online spending remains significantly higher than pre-pandemic levels.
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NewsZara owner Inditex reports sales above pre-pandemic levels
Fashion giant Inditex, owner of retailers including Zara, has reported strong quarterly sales growth and revenues have subsequently been ahead of pre-pandemic levels.
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NewsData: Retail sales grow at strongest rate since Covid crisis hit
Retail sales grew in May at their strongest rate since the coronavirus pandemic hit the UK last March as the reopening of hospitality venues boosted footfall and spend.
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NewsOcado loses High Court case over urban distribution centre in North London
Ocado has lost a High Court challenge over the opening of a distribution and storage centre near a primary school in North London.
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NewsGetir triples valuation after latest $550m fundraising round
Turkish on demand delivery startup Getir has raised $550m in its latest fundraising round and tripled its valuation to $7.5bn as it reportedly eyes a stock market listing.
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NewsTesco faces £2.5bn bill after staff win equal pay dispute
Grocery giant Tesco is facing the prospect of a £2.5bn bill after the European Court of Justice backed thousands of current and former shopfloor workers in a mammoth equal pay lawsuit.
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NewsH&M’s online second-hand fashion store expands across Europe
Sellpy, the second-hand platform backed by fashion giant H&M, is to launch in 20 European countries.
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NewsOcado raises prospect of international retail expansion
Online grocer Ocado is weighing up retail opportunities outside its domestic market.
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NewsJohn Lewis makes key hires to drive transformation programme
Department store group John Lewis has made three appointments to its top team who will play crucial roles in its turnaround strategy.
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NewsPoundland expands online shopping trial to Midlands consumers
Poundland has extended its online trial to almost 2 million customers as it dials up its ecommerce ambitions.
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NewsExclusive: Tesco wades into on-demand grocery war with one-hour Whoosh service
Tesco has launched a new rapid delivery service as it lays down the gauntlet to on-demand grocery rivals like Deliveroo.
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NewsMade.com presses button on £1bn IPO
Online furniture and homewares specialist Made.com aims to float on London’s main market, which could value the etailer at as much as £1bn.
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NewsAsos eyes Cult Beauty and Feelunique as takeover targets
Asos is considering possible takeovers of online beauty platforms Cult Beauty and Feelunique, it is understood.
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NewsM&S promotes Bickerstaffe and Machin to become chief operating officers
Marks & Spencer has unveiled a management restructure, including promotions for Katie Bickerstaffe and Stuart Machin.
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NewsAmazon set to create 10,000 new UK jobs
Amazon is embarking on a hiring spree as the US giant backs the online shopping boom brought on by the pandemic continuing in the UK.