Latest online retail news – Page 71
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NewsAmazon executive quits over coronavirus protest sackings
A senior Amazon executive has quit over the etail titan’s treatment of staff who protested against a lack of coronavirus safety measures in its warehouses.
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NewsAmazon first-quarter profits dip as it warns of $4bn coronavirus costs
Amazon has reported in a decline in first-quarter profits and warned that earnings in its second quarter will be completely wiped out by costs related to coronavirus.
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NewsThe Hut Group to launch ‘THG Air’ to bolster international operations
The Hut Group has bought two cargo planes with plans to launch an air freight service later this year to better facilitate its global distribution networks.
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NewsTK Maxx restarts online trading with ‘significant’ safety measures
Discount variety retailer TK Maxx has relaunched its online business more than two weeks after it stopped taking orders having made “significant changes” to operate safely.
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NewsDixons Carphone hails strength of online channel as it cancels dividend
Dixons Carphone has said its ecommerce channels in the UK and Ireland have recovered around two-thirds of sales lost to store closures as it cancelled its full-year dividend for shareholders.
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NewsCoronavirus: Online grocery shopping to receive huge boost this year due to lockdown
As a result of the ongoing coronavirus pandemic online grocery shopping is expected to grow by more than 30%, according to new research.
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NewsOcado opens first Sobeys warehouse as online grocery demand soars
Ocado has opened its first automated warehouse in North America as the online grocer-cum-technology provider presses ahead with progress on its overseas partnerships.
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NewsUnilever boss: Coronavirus to spark ‘inflection point’ for ecommerce
The boss of consumer goods giant Unilever has warned that the coronavirus crisis will spark an “inflection point” for online food shopping.
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NewsAmazon donates £250,000 to help bookstores through coronavirus
Amazon has donated £250,000 to a fund set up to help its physical bookshop rivals that have been hammered by coronavirus.
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NewseBay teams up with NHS to bolster healthcare staff access to PPE
eBay has been drafted in by the NHS to build a dedicated portal on its website from which healthcare workers across the UK can order personal protective equipment (PPE).
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NewsBoots recruits new drivers as demand for delivery soars
Boots has recruited new delivery drivers to meet an increase in demand for prescription medicine deliveries as a result of the coronavirus.
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NewsBoohoo full-year sales and profits soar in ‘great’ year
Boohoo has reported a strong rise in its preliminary sales and profits as boss John Lyttle said the coronavirus pandemic had highlighted the “key strengths” of the business.
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NewsIkea acquires AR start-up to supercharge lockdown shopping experience
Ikea has acquired augmented reality (AR) start-up Geomagical Labs in a bid to drive shoppers to purchase more big-ticket items without needing to visit a store.
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NewsJoules accesses extra financing as online sales outperform
Apparel retailer Joules has successfully struck new financing arrangements and reported better than expected online sales.
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NewsCath Kidston to shut UK stores in pre-pack deal
Fashion retailer Cath Kidston’s 60 UK stores are likely to be closed and the business will focus on trading online and wholesale.
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NewsAlibaba aims to add 1,000 new international brands to Tmall
Alibaba has unveiled plans to ramp up the number of international brands on its Tmall Global marketplace, pledging to add 1,000 over the next 12 months.
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NewsAmazon to launch super-fast grocery delivery service in the UK
Ecommerce giant Amazon is planning to leverage its existing depots in the UK to help launch a super-fast grocery delivery service.
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NewsTed Baker launches digital pop-up store with profits to go to charity
Fashion brand Ted Baker has launched a digital pop-up store with 100% of profits going to local community charities still operating during the coronavirus pandemic.
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NewsDFS in ‘advanced stages’ of financing discussions as it mulls equity raise
DFS has said it is in “advanced stages” of negotiation with lenders over additional financing and is mulling the possibility of an equity raise as it battles to ride out the coronavirus storm.
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NewsCMA provisionally clears Amazon and Deliveroo tie-up after investigation
The Competition and Markets Authority (CMA) has provisionally cleared Amazon and Deliveroo’s prospective tie-up, after finding the food delivery app’s financial position has “deteriorated”.