Latest online retail news – Page 77
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NewsAmazon hits back at union for ‘spreading misinformation’
Amazon has responded to union protests over the amount of tax it pays and staff welfare, saying the union was “spreading misinformation”.
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NewsBoohoo hails record-breaking Black Friday weekend
Boohoo has registered a “strong” Black Friday performance across the promotional weekend with key brands bolstering sales.
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NewsBlack Friday sales rise 16.5% and Cyber Monday transactions climb
Black Friday sales advanced 16.5% by value and shoppers are continuing to spend on Cyber Monday, the latest payment data has revealed.
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NewsOcado launches £500m bond issue to fund tech commitments
Ocado has unveiled a £500m convertible bond issue following a string of deals with international retailers.
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NewsBlack Friday online sales and footfall beat forecasts
Black Friday shoppers have flocked online for deals while early footfall numbers surpassed expectations in a fillip for the retail industry.
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NewsBlack Friday transactions soar as shoppers bag bargains
Black Friday transactions have risen strongly year on year, early data showed.
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NewsTrouva secures £17m investment to fuel overseas expansion
Trouva has raised £17m in its latest funding round to expand its international store network and has launched a dedicated German website.
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NewsOcado to open ‘mini’ customer fulfilment centre
Ocado has revealed it is opening a sixth customer fulfilment centre in Bristol as part of ongoing growth plans.
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NewsSosandar sales soar in first-half as investment pays off
Sosandar, the online womenswear specialist, has posted a rise in first-half sales and said investment was powering progress at the business.
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NewsIkea profits fall despite sales rise
Ikea’s full-year profits fell despite its online sales soaring 50%.
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NewsJust one in 20 Black Friday deals genuine, Which? says
Just 5% of deals being pushed by UK retailers over the Black Friday period will offer genuine discounts, according to a study by Which?
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NewsEx-Topshop exec Shepherdson named chair of fashion rental business
Jane Shepherdson has been named as the chair of fashion rental start-up My Wardrobe HQ, the newest in a growing group of UK-based fashion rental businesses.
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NewsAsos recruits chief growth officer to bolster executive team
Asos has snapped up former Blink Health executive Robert Birge for the newly created role of chief growth officer.
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NewsThe Hut Group secures loan to invest in digital strategy
The Hut Group has secured millions of pounds worth of credit to invest in its online platform and build out its position as a digital leader in the beauty and wellness sector.
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NewsAlibaba kicks off £10bn share sale with Hong Kong listing
Alibaba has kick-started the sale of 500 million shares as part of the Chinese retail group’s plan to raise HK$100bn (£10bn) through a Hong Kong listing.
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NewsMissguided teams up with holiday comparison site
Missguided has joined forces with online holiday comparison site Icelolly.com to offer customers the chance to compare holidays alongside shopping for fashion items.
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NewsAO closes Netherlands business as it focuses on sustainable growth
Electricals retailer AO World is shutting its business in the Netherlands as it focuses on building its UK and German operations.
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NewsDixons Carphone makes key hires to boost digital transformation
Dixons Carphone has appointed two roles to help boost the electrical retailer’s digital transformation.
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NewsShopping in-store more sustainable than online, claims Primark owner
The owner of Primark has defended its fast-fashion offering and said shopping in-store is more environmentally friendly and sustainable than online delivery.
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NewsAlibaba set for biggest equity capital raising of year in Hong Kong listing
Alibaba is set to kick off what would be the world’s biggest equity capital raising of the year so far, as it prepares for its second listing on the Hong Kong stock exchange.