Latest online retail news – Page 68
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NewsTesco first-quarter sales jump driven by lockdown ecommerce surge
Tesco has reported strong sales growth in its first quarter bolstered by online as lockdown measures prompted a surge in demand.
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NewsN Brown profits and sales slump in ‘year of restructuring’
N Brown has reported falling profits and sales across its brands in what it called a “year of restructuring”.
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NewsCMA clears Amazon-Deliveroo tie-up despite financial turnaround
The competitions watchdog has once again provisionally cleared ecommerce giant Amazon’s investment in food delivery app Deliveroo, despite the latter’s financial turnaround.
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NewsPatagonia cancels Facebook and Instagram ads in ‘hate’ row
Outdoor goods giant Patagonia has axed all advertising on Facebook and its Instagram photo-sharing service amid concern over its influence on issues ranging from the coronavirus pandemic to racial justice.
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NewsThe Hut Group signs £100m worth of new beauty partnerships
The Hut Group’s technology arm has confirmed the signing of new partnerships with a number of beauty brands worth more than £100m.
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NewsStores to still drive 80% of retail transactions by 2025
Despite the growth in popularity of ecommerce and the effects of the coronavirus lockdown, new research has found that physical stores will still heavily influence retail transactions.
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NewsDIY and online boost retail sales in May
Retail sales staged a partial recovery last month, according to official data.
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NewsSunak calls on US to back digital tax for tech giants
Chancellor Rishi Sunak has urged the US to support a digital services tax after America turned its back on talks about the issue.
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NewsDoug Gurr to leave Amazon for role at Natural History Museum
Amazon UK boss Doug Gurr is set to step down from the retail giant to become director of the Natural History Museum in London.
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NewsDPD bets £200m on lockdown ecommerce boom becoming ‘new normal’
Parcel delivery firm DPD has committed to investing £200m in new vehicles and depots as it bets big on the lockdown-inspired ecommerce boom becoming retail’s “new normal”.
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NewsBoohoo snaps up Oasis and Warehouse as first quarter sales surge
Boohoo has acquired the intellectual property of Oasis and Warehouse in a £5.2m deal alongside posting a jump in first-quarter revenue.
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NewsPret A Manger launches trial click-and-collect service
Sandwich and coffee specialist Pret A Manger has launched a click-and-collect service from five of its London stores.
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NewsWalmart partners with Shopify to expand marketplace proposition
Walmart has joined forces with ecommerce platform Shopify in a bid to broaden its marketplace proposition and capitalise on a surge in online shopping during the coronavirus pandemic.
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NewsAldi extends Deliveroo partnership into London
Aldi has extended its trial with Deliveroo into London, less than a month after launching the pilot in the Midlands.
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NewsLiberty rebrands digital flagship as it celebrates 145 years
London department store Liberty has completed a rebranding including a new logo and redesigned website, as it celebrates its 145th birthday this year.
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NewsUpdated: Ocado launches £1bn fund raise to capitalise on online shift
Ocado has launched an ambitious bid to raise £1bn in fresh funding to help it capitalise on the “significant acceleration” in online shopping during the coronavirus pandemic.
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NewsCMA delays final Amazon-Deliveroo decision until August
The Competition and Markets Authority (CMA) has delayed publishing its final decision on the proposed tie-up between Amazon and Deliveroo until the first week of August.
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NewsQuiz property arm slips into administration as it eyes store portfolio restructure
Struggling fashion brand Quiz has said it will seek to appoint administrators to its wholly owned subsidiary in a bid to restructure its failing retail store portfolio.
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NewsThe Hut Group profits soar as total sales exceed £1bn
The Hut Group profits have rocketed while total sales have surpassed £1bn driven by new brand acquisitions and investment in technology.
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NewsSegro completes fundraising as it eyes bigger piece of online shopping boom
UK warehousing group Segro has raised £680m from a new share placing to fund the acquisition of new online distribution facilities.