Latest online retail news – Page 82
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NewsBoohoo to snap up Karen Millen and Coast in pre-pack
Online fast fashion retailer Boohoo is reportedly on the verge of buying high street fashion brands Karen Millen and Coast out of administration.
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NewsHarrods poaches former Burberry director for new digital role
Harrods has poached Burberry’s former ecommerce director for a newly created digital director’s role focused on driving the department store’s “digital and omnichannel strategy”.
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NewsMarks & Spencer strategy director to head Ocado Retail
Marks & Spencer strategy director Melanie Smith has been named chief executive of Ocado Retail.
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NewsPets at Home raises guidance after ‘strong start’ to the year
Pets at Home posted increased sales during its first quarter and raised its full year guidance but “remains cautiously optimistic” in the current climate.
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NewsWish.com valued at $11bn in new fundraising
Mobile shopping specialist Wish has completed a new round of fundraising valuing it at $11.2bn.
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NewsZalando raises profit outlook after ‘strongest ever’ second quarter
Zalando has raised its profit outlook to the upper half, after hailing its “strongest-ever second-quarter active customer growth” and fastest site growth since 2013.
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NewsFindel makes ‘solid start to the year’ ahead of AGM
Findel has said it has made a “solid start to the year” and its full-year financial guidance remains unchanged, ahead of its AGM this afternoon.
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NewsAlibaba opens up online platform to American sellers
Alibaba is opening its online platform allowing American companies to sell its products to small businesses around the world.
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NewsCBI and BRC welcome Johnson but warn of challenges
The Confederation of British Industry and British Retail Consortium have welcomed the appointment of Boris Johnson as the new prime minister but warned of the issues facing business and retail more widely.
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NewsSainsbury’s teams up with Deliveroo for take away pizza trial
Sainsbury’s is set to partner with food delivery company Deliveroo to deliver freshly baked pizzas and snacks to customers’ homes from five stores across four UK cities.
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NewsCBI: New PM must bring in annual business rates reviews
The Confederation of British Industry has called on the next prime minister to deliver annual business rates revaluations, as part of a sweeping manifesto to “get the UK economy back on track”.
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NewsSales value and volume increased in June, ONS reports
Retail sales by both value and volume edged up during the month of June, according to the latest Office for National Statistics retail sales figures.
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NewsEve Sleep halves losses as sales continue to fall
Eve Sleep has reduced its underlying EBITDA losses but continued to struggle against a “backdrop of substantial retail headwinds” as sales fell.
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NewsAmazon boasts record-breaking Prime Day
Amazon Prime Day broke records for the online giant as sales surpassed its previous Black Friday and Cyber Monday sales combined.
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NewsAsos issues profit warning due to ‘operational issues’
Asos has lowered its full-year expectations for the second time this year after its US and European arms suffered ongoing “operational issues”.
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NewsShop Direct poaches Boots exec for trading director role
Shop Direct has snapped up Boots own-brand boss Guy Farmer to helm the etail group’s trading division.
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NewsMP calls for ‘breathing room’ over ecommerce ‘time bomb’
A Liberal Democrat MP has called on the Government to give the retail sector 18 months of “breathing room” to adapt to new anti-fraud rules he claimed were a “ticking time bomb” for online retail.
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NewsCurrys and Argos square up to Amazon Prime Day
As Amazon Prime Day rages on, rivals across electricals, entertainment and fashion have launched competing Sales initiatives in a bid to cash in on the retail event.
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NewsWayfair set to open first UK pop-up showroom
Wayfair is opening a bricks-and-mortar pop-up store for one day to showcase its online offerings and give customers a sneak-peek at its Christmas 2019 range.
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NewsAsos puts more jobs at risk amid Watford review
Asos has put more jobs at risk after kick-starting a review at its customer care facility in Watford.