Latest online retail news – Page 80
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NewsJD.com chief: Retailer and brand collaboration will create new sources of value
The value of product will become less important to retailers in future but product will instead open the door to new sources of value, the bosses of Chinese ecommerce giant JD.com believe.
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NewsAsos makes delivery price U-turn after customer feedback
Asos has made a U-turn on increasing its premier delivery cost after receiving feedback from customers.
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NewsAuxiliary launches ‘immersive’ AR experience with Selfridges
Premium footwear brand Auxiliary has launched an exclusive AR experience in Selfridges on Oxford Street in London.
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NewsIdeal Shopping Direct back in the black after changes at the top
Ideal Shopping Direct has swung from heavy losses to an expected profit in less than a year, spearheaded by a number of new senior appointments.
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NewsEve Sleep sales fall but losses steady
Eve Sleep saw sales across its business fall during the first half of the year, but it did manage to roughly halve its EBITDA losses.
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NewsMonsoon Accessorize poaches digital director from Dixons Carphone
Monsoon Accessorize has poached a former Dixons Carphone director to head up its ecommerce business, as the retailer looks to reinvigorate its digital channels.
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NewsOcado completes vertical farming joint venture deal
Ocado has completed its deal to invest in the vertical farm partnership that it first mooted in June.
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NewsBoohoo profits rocket as international sales surge
Boohoo’s profits almost doubled in its first half as the etailer recorded “strong revenue growth” across its markets.
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NewsM&Co profits fall as ‘unprecedented trading challenges’ bite
M&Co has posted a fall in annual earnings after confronting “unprecedented trading challenges”.
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NewsAmazon pledges to become carbon neutral as climate protest starts
Amazon has pledged to become carbon neutral by 2040, meeting the UN’s Paris Agreement climate-change objectives a decade early.
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NewsRetail sales in August dip, finds ONS
Retail sales fell slightly in the month of August, despite an otherwise healthy summer of spending, according to the latest figures from the Office for National Statistics.
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NewsEve Sleep issues profit warning as Simba merger talks collapse
Mattress in a box specialist Eve Sleep has issued a profit warning and canned talks over a proposed merger with rival Simba.
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NewsFeelUnique poaches Amazon fashion director for CEO role
FeelUnique has snapped up Amazon’s European fashion boss Sarah Miles as its new chief executive.
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NewsOcado explores accelerating M&S product transition
Ocado is looking to bring forward the date from when it will begin stocking Marks & Spencer products on its website, but to do so would require the agreement of existing partner Waitrose.
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NewsOcado sales rise as joint venture with Marks & Spencer goes live
Ocado Retail, the newly formed joint venture between the online grocer and Marks & Spencer, has posted an increase in quarterly revenue and orders, but the average order size edged down.
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NewsAldi boss: Ecommerce to deliver £100m of sales by end of year
The chief executive of Aldi has hailed the “strong progress” being made by the discounter’s ecommerce business, saying it will deliver £100m of sales by the end of the year.
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NewsPPI claims rocket ahead of August deadline, says N Brown
Online retailer N Brown reported a “significant increase” in PPI information requests and complaints (PIRs) in the lead up to the claims deadline of August 29.
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NewsZara owner Inditex posts strong growth in first half
Zara owner Inditex’s half-year like-for-likes jumped 5% as it reported record sales and profits.
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NewsBoohoo raises full-year guidance after ‘strong revenue growth’
Fast-fashion etailer Boohoo has grown faster than expected this year and expects sales to exceed previous guidance.
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NewsAugust sales flatline in ‘incredibly disappointing month for retail’
Retail sales dropped to a “new low” during August, according to the latest BRC-KPMG sales figures.