Latest online retail news – Page 86
-
NewsBoohoo full-year profits surge as sales rocket
Boohoo has unveiled another stellar set of full-year results, as pre-tax profits grew 38% and sales soared.
-
NewsRetail sales jump in March due to warm weather, ONS finds
Retail sales showed “strong growth” year on year in terms of value and volume in March, the latest data from the Office for National Statistics shows.
-
NewsAmazon pulls plug on retail operations in China
Amazon is closing down its retail business in China after admitting defeat to its great rival in the market, Alibaba.
-
NewsOcado to deliver from Andover site by end of month
Ocado has begun the process of clearing the ruins of its Andover warehouse site and installing temporary refrigeration in a bid to resume deliveries by the end of the month.
-
NewsAmazon’s Bezos challenges competitors to raise minimum wage
Amazon boss Jeff Bezos has challenged his rivals to increase their minimum wages, in his annual letter to shareholders.
-
NewsRetail 'doesn’t punch its weight' on recruitment, says BRC chair
Retail “doesn’t punch its weight nationally” when it comes to recruiting talent, BRC chair Richard Pennycook has said.
-
NewsAsos profits plunge as international costs bite
Asos has reported a nosedive in interim profits, which boss Nick Beighton attributed to “major capex” costs that “inevitably involved significant disruption and transition costs”.
-
NewsNew Look to abandon in-store menswear offer
New Look is to stop selling menswear in its stores and will only offer the category online from this autumn.
-
NewsAsos threatens crackdown on serial returners
Asos has sent an email to customers detailing changes to its returns policy, including threatening to investigate and “take action” if it notices “unusual patterns”.
-
NewsAO sales peak as Europe drives growth
AO.com expects revenues to rise this year thanks to a growth spurt in Europe.
-
NewsAO.com launches white goods rental trial
AO has taken its first step into the rental market, offering white goods to customers for as little as £2 per week.
-
NewsTesco boss Lewis urges Government to save retail jobs
Tesco boss Dave Lewis has urged the Government to do more to help the high street to save thousands of retail jobs.
-
NewsBoohooMan boss: 'Why open stores when you can open countries?'
Samir Kamani, chief executive of BoohooMan, talks to Retail Week about his plan for world domination and how mens fashion is changing.
-
NewsWaitrose's Collins: Retailers and consumers 'pent up' by Brexit
Waitrose chief executive Rob Collins has said the ongoing uncertainty around Brexit is leading to “pent up business activity” from consumers and retailers waiting to be released.
-
NewsShop Direct to rebrand as Very, boss Birch reveals
Shop Direct will rebrand to The Very Group later this year to better reflect its powerhouse division, boss Henry Birch revealed at Retail Week Live.
-
NewsMoss Bros plans to double online sales in three years
Moss Bros will aim to double its online sales over the next three years in a bid to arrest declining profits.
-
NewsMySale records a loss as sales plunge
MySale has made a loss after sales plummeted in its first half due to a combination of high discounting and low margin product.
-
NewsOcado pens Coles international deal
Ocado has signed a deal to provide Australian grocery chain Coles with its Smart Platform.
-
NewsM&S plans to double food business following Ocado deal
Marks & Spencer is aiming to double its food business to more than £12bn over the next five years after striking its joint venture with Ocado.
-
NewsGoogle launches digital skills programme to boost high streets
Google has launched a new digital skills programme in a bid to boost Britain’s high streets.