Latest online retail news – Page 62
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NewsDeliveroo drafts in Goldman Sachs as it eyes London float
Delivery app Deliveroo has drafted in investment bank Goldman Sachs to help guide it to a float on the London Stock Exchange.
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NewsWaitrose delivers early blow in online battle with Ocado
Waitrose has stolen a march on former partner Ocado in the battle for online shoppers after the pureplay’s capacity issues saw weekly orders slump.
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NewsWarehouse rentals soar as ecommerce continues rapid growth
A record amount of warehouse space was let in the last three months as multichannel and online retailers sought to expand capacity to meet growing ecommerce demand.
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NewsM&S poaches Next digital trading boss for new analytics role
Marks & Spencer has recruited Next’s head of digital trading Gemma Lumsden as it ramps up its efforts to turbocharge online growth.
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NewsGoogle and Pinterest up the ante to drive festive sales online
Google and Pinterest have launched respective innovations on their platforms in a bid to drive retail sales online during the Golden Quarter.
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NewsThe Hut Group snaps up Perricone MD in $60m deal
The Hut Group has bolstered its beauty portfolio with the acquisition of luxury skincare brand Perricone MD.
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NewsMorrisons to create 1,000 new jobs to fulfill Amazon orders
Supermarket chain Morrisons has said it will create 1,000 new jobs to help it fulfil orders on its services with Amazon and Amazon Prime.
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NewsN Brown sales recovery driven by demand for homeware range
N Brown has reported a recovery in sales from its first-quarter nadir, hailing a resurgence in apparel sales and a surge in demand for its new homeware range.
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NewsAldi boss Hurley eyes ‘significant’ click-and-collect opportunity
Aldi UK boss Giles Hurley believes the grocer has “significant” potential to grow its burgeoning click-and-collect proposition as it expands its online presence.
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NewsAmazon set to launch Prime Day next month
Amazon has confirmed that its annual sales event Prime Day will launch next month after being delayed earlier this year due to the coronavirus pandemic.
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NewsJohn Lewis opens virtual Christmas shop for first time
Department store group John lewis has opened a Christmas shop on its website for the first time.
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NewsBoohoo probe uncovers ‘many failings’ in Leicester supply chain
An independent review into Boohoo’s UK supply chain has uncovered “many failings” in its work with garment manufacturers in Leicester.
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NewsMorrisons unveils food box subscriptions to meet growing grocery delivery demand
Morrisons has launched home delivery subscription boxes for customers to keep up with the growing demand for grocery deliveries.
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NewsAldi makes click and collect available to customers for first time
Discounter Aldi has rolled out its click-and-collect trial to its first store, making the service available to customers for the first time.
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NewsLovehoney chief executive steps down after 12 months
Lovehoney chief executive Sarah Warby has stepped down from her post for “family reasons” after just 12 months in the role, the retailer has confirmed.
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NewsRevo calls on government to cap business rates at 30% as part of consultation
Revo has called on the government to cap business rates at 30% and to extend support measures beyond April next year as the first part of the reform consultation period closes.
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NewsKingfisher ecommerce sales soar as Garnier praises ‘resilient’ results
B&Q owner Kingfisher has seen ecommerce sales soar in the first half of the year and pre-tax profits climb in what chief executive Thierry Garnier hailed as a “resilient” set of results.
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NewsSuperdry cautious as coronavirus hits profits
Fashion retailer Superdry has cautioned that ongoing uncertainty and disruption because of the Covid pandemic may affect performance as it posted a slump in sales and profits.
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NewsThe Hut Group begins trading on London Stock Exchange after successful float
The Hut Group has begun trading on the London Stock Exchange this morning after its successful float raised £1.88bn, in turn pushing its market capitalisation to £5.4bn.
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NewsOcado struggling with new customer backlog despite capacity increase
Ocado’s chief financial officer has defended the retailer’s response to growing demand for its service, despite saying it was “barely scratching the surface” with regards to its backlog of new customers.