Latest online retail news – Page 60
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NewsVery poaches BBC tech director as new chief information officer
The Very Group has poached the BBC’s tech director Matt Grest to take on the role of chief information officer.
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NewsKingfisher sales surge as online demand drives growth
Kingfisher has posted a spike in sales during its third quarter as surging ecommerce demand drove its top-line growth.
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NewsLeicester MP launches fresh attack on Boohoo bosses and investors
A Leicester MP has launched a fresh attack on Boohoo’s bosses and investors, renewing calls for chief executive John Lyttle and executive chair Mahmud Kamani to step down amid a modern slavery scandal.
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NewsOnline sales soar as golden quarter spending moves early and online
Ecommerce sales in the UK had their strongest year-on-year growth since June as golden-quarter spend was brought forward and much of the UK was plunged back into lockdown.
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NewsAsda sales rise as Christmas spending is brought forward
Asda has posted an increase in sales during its third quarter as demand for “key Christmas products” was brought forward.
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NewsFarfetch losses spiral despite sales gains
Farfetch has suffered widening losses during its third quarter despite a spike in sales.
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NewsAlibaba Singles’ Day sales surpass $70bn, spurred by luxury
Alibaba posted record sales of $74bn (£56bn) for its annual Singles’ Day Sales event, which this year was extended beyond the usual one day of deals.
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NewsMarks & Spencer adds Early Learning Centre to online brand stable
Marks & Spencer is to sell Early Learning Centre products on its website in its latest tie-up with a complementary brand to build online appeal.
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NewsAldi to roll out click and collect to 200 stores before Christmas
Aldi is to extend its click-and-collect trial to more than 200 additional stores before Christmas as it ramps up its online proposition.
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NewsAlibaba and Richemont invest in Farfetch for China push
Ecommerce giant Alibaba and luxury goods powerhouse Richemont are to invest in upscale online retailer Farfetch as the trio launch a Chinese partnership.
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NewsZalando raises profit forecast after ‘exceptional’ sales boost
Zalando has reported “exceptionally strong” growth in the third quarter, raising expectations for the full year.
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NewsPrimark calls for longer Christmas opening hours post-lockdown
Primark chiefs want extended trading hours post-lockdown to cater for pent-up demand and have reaffirmed their faith in its pureplay bricks-and-mortar model despite the latest lockdown.
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NewsSteiner: Ocado acquisitions could pave way for move into new sectors
Ocado chief executive Tim Steiner says the group’s acquisition of two robotics firms could pave the way for the grocery pureplay to move into the general merchandise and fashion sectors in future.
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NewsSainsbury’s launches tie-ups with Uber Eats and Deliveroo
Sainsbury’s has rolled out twin delivery partnership pilots with Uber Eats and Deliveroo, giving customers access to more than 1,000 products.
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NewsWaitrose to recruit an extra 1,850 staff to handle online Christmas demand
Waitrose has announced it will look to hire as many as 1,850 new order pickers and delivery drivers to meet the surge in online demand from customers heading into Christmas.
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NewsAmazon launches ‘eco-friendly’ shopping platform in sustainability push
Amazon has launched an “eco-friendly” online shopping platform to help direct shoppers towards more sustainable household products.
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NewsNotonthehighstreet eyes £200m sale as revenues surge during pandemic
Notonthehighstreet is exploring a potential £200m sale following revenue growth during the coronavirus pandemic.
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NewsCath Kidston reveals plans for ‘digital first’ future
Fashion and homewares retailer Cath Kidston has unveiled a ‘digital first’ strategy as it seeks a turnaround following its collapse earlier this year.
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NewsQuiz profits plummet as online shift takes toll
Fashion retailer Quiz has reported a plunge in full-year earnings but maintained restructuring measures will ultimately enable it to return to profitable growth.
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NewsThe Hut Group ups full-year guidance as third-quarter sales jump
The Hut Group has reported a surge in sales during its third quarter, bolstered by its beauty and nutrition divisions.