Latest online retail news – Page 64
-
NewsWaitrose launches tie-up with Deliveroo as it embarks on future without Ocado
Waitrose has announced a partnership with Deliveroo as it prepares its ecommerce arm for life without Ocado.
-
NewsThe Hut Group targets £4.5bn valuation in stock market float
The Hut Group has revealed its intention to float on the London Stock Exchange, with a target valuation of £4.5bn.
-
NewsSupply chain watchdog shuns Boohoo Leicester inquiry, questions independence
Supply chain monitor the Ethical Trading Initiative (ETI) has declined to take part in Boohoo’s Leicester inquiry, questioning its focus on factories and not on the retailer’s buying procedures.
-
NewsTreasury denies chancellor is looking to ditch digital sales tax
The Treasury has denied it is considering ditching the £500m digital sales tax first introduced in March, following reports at the weekend.
-
NewsStudio Retail profits grow as it anticipates ‘strong’ Christmas trading
Online value retailer Studio has reported positive full-year results, which have since been strengthened by trading throughout the last 20 weeks.
-
NewsTesco to create 16,000 jobs to support online growth
Tesco will create 16,000 jobs to support the “exceptional” growth in its online business during the coronavirus pandemic.
-
NewsM&S gets into gear for drive-up click and collect
Marks & Spencer is piloting drive-thru order collection as part of an initiative with specialist technology partner Doddle to extend its click-and-collect proposition, Retail Week can reveal.
-
NewsAO creates 650 new jobs as it targets ‘significant’ growth
AO.com has kicked off a nationwide recruitment drive as the etailer seeks to capitalise on the digital shift sparked by the coronavirus crisis.
-
NewsAlibaba profits surge as customer numbers jump during lockdown
Alibaba has smashed quarterly profit predictions as online sales surged during lockdown and demand for its cloud computing services soared.
-
NewsAO.com reports ‘strong’ sales growth ahead of AGM
Pureplay electronics retailers AO.com has reported “strong year-on-year revenue growth” in the UK and Germany ahead of its annual general meeting today.
-
NewsAmazon and Morrisons ramp up partnership in grocery push
Etail giant Amazon has installed a Morrisons platform on its main website, enabling shoppers to purchase groceries that way for the first time.
-
NewsAsda eyes ecommerce expansion as online sales double
Asda has said it plans to expand its online delivery capacity to 1 million slots a week by next year after seeing online sales double in its second quarter.
-
NewsSosandar remains in the red despite soaring sales
Sosandar reported another loss last year despite a jump in sales, with co-chief executives Ali Hall and Julie Lavington “cautiously optimistic” about the brand’s future.
-
NewsMarks & Spencer and Waitrose square up ahead of Ocado switchover
Marks & Spencer and rival Waitrose have both launched marketing initiatives to draw customers as their relationship with Ocado changes.
-
NewsRent the Runway to close all stores to focus on ecommerce
Clothing rental business Rent the Runway has decided not to reopen its five bricks-and-mortar stores in the USA due to the Covid-19 pandemic and will focus instead on ecommerce.
-
NewsTesco squares up to Amazon, lines up free delivery for premium members
Tesco boss Dave Lewis has said the grocer will add free delivery to its Clubcard Plus membership scheme in fightback against Amazon.
-
NewsEtailer Very’s sales surpass £2bn as new customers double in lockdown
The Very Group has registered a jump in fourth quarter sales and says it is on track to return to full-year profitability in what boss Henry Birch describes as “a really fantastic performance”.
-
NewsWalmart joins forces with Instacart to boost same-day delivery credentials
Walmart has joined forces with Instacart to offer same-day delivery in four US markets as it seeks to rival Amazon’s rapid fulfilment proposition.
-
NewseBay pledges to absorb digital tax for sellers
eBay has told its sellers they will not bear the brunt of the new digital services tax and the online marketplace will pay any additional tax.
-
NewsDr Martens eyes doubling of store estate after quick coronavirus recovery
The chief executive of Dr Martens has said he can envisage the retailer doubling its global store estate in the next five years, after a quick financial recovery from the coronavirus crisis.