Latest online retail news – Page 56
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NewsOcado’s Steiner downplays threat from Amazon and on-demand start-ups
Ocado chief executive Tim Steiner has dismissed the threat of Amazon and emerging on-demand grocery start-ups, comparing them to pureplay convenience stores.
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NewsEve Sleep cuts losses as turnaround strategy bears fruit
Online retailer Eve Sleep has reduced annual losses and said its recovery programme is ahead of schedule.
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NewsOcado sales climb as customers add M&S lines to baskets
Online grocer Ocado has reported a surge in quarterly sales, helped by demand for food from joint venture partner Marks & Spencer.
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NewsOcado aims to slash plastic use with own-label refresh
Pureplay grocer Ocado has launched a refresh of its own-label range, targeting a reduction in plastic use, introducing new lines and updating its logo and packaging.
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NewsJD.com profits soar as retail business booms during lockdowns
JD.com has posted a jump in full-year sales and profits as its retail division benefited from a spike in online shopping during the coronavirus crisis.
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NewsMarks & Spencer reveals line-up for ‘Brands at M&S’ online fashion push
Marks & Spencer has unveiled an array of third-party fashion brands that will be sold through its website to accelerate online appeal.
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NewsMarks & Spencer to downsize Marble Arch flagship with office redevelopment
Marks & Spencer aims to cut back retail space at its flagship Marble Arch store on Oxford Street in a redevelopment creating offices on upper floors.
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NewsMarks & Spencer launches online in almost 50 new international markets
Marks & Spencer has launched 46 websites in new overseas markets, bringing the number of international countries in which it operates as a pureplay to just over 100.
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NewsDeliveroo announces intention to float
Food delivery app Deliveroo has confirmed its intention to float on the London Stock Exchange after weeks of speculation.
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NewsHotel Chocolat’s digital offer in strong position ahead of crucial Easter trading
Hotel Chocolat boss Angus Thirlwell says the retailer’s digital push during the pandemic has left it in a much stronger position heading into the crucial Easter trading period than last year.
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NewsVirgin Wines makes stock market debut after successful float
Virgin Wines will begin trading on the London Stock Exchange’s junior AIM market at 8am today following a £110m valuation.
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NewsMatchesfashion chief executive Ajay Kavan exits
Matchesfashion boss and former Amazon executive Ajay Kavan has exited the business with immediate effect after a year in the role.
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NewsIn The Style announces intention to float on AIM
Fashion etailer In The Style is set to float on the AIM market of the London Stock Exchange.
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NewsFarfetch records first profit after 12 years
Farfetch has achieved its first-ever positive EBITDA despite a tough year for fashion retailers.
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NewsAsda puts 5,000 roles into consultation in online transformation drive
Grocery giant Asda has entered formal consultation with 5,000 of its staff as it unveiled new transformation plans aimed at capitalising further on the shift to online grocery shopping.
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NewseBay launches multimillion-pound programme backing social enterprises
eBay has launched a multi-million-pound programme to create jobs and opportunities in parts of the UK that have been hardest hit by the coronavirus pandemic.
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NewsOnline retailers launch new trade body to champion ecomm cause
Big-name pureplay retailers have formed an industry association to highlight their contribution to UK success and fight their corner – including on tax.
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NewsAmazon embroiled in fresh zero-hour contract controversy
Amazon is at the centre of a fresh storm over the use of zero-hour contracts for temporary workers.
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NewsOnline sales surge to highest ever levels in January
Online sales surged last month to account for more than a third of total retail spend – the highest proportion on record.
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NewsOcado launches aisle dedicated to B Corp-certified suppliers
Pureplay grocer Ocado has launched a dedicated aisle for B Corp-certified suppliers as the retailer aims to give customers greener and more sustainable choices.