Latest online retail news – Page 93
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NewsAmazon seeks 2,500 more UK staff
Amazon is to increase UK staff numbers by 10% this year as it creates 2,500 permanent jobs.
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NewsSainsbury's names Moriarty chief digital officer
Sainsbury’s has promoted its online boss Clodagh Moriarty to the newly created role of chief digital officer.
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NewsAO overhauls top team ahead of brand and services push
Electricals etailer AO World has reshaped its top management as it seeks to make the most of existing business strengths and chase new opportunities.
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NewsHut Group acquisitions boost profits and sales
The Hut Group’s profits and sales have rocketed following its acquisitions of new brands over the year.
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NewsM&S calls for new retail property model
Marks & Spencer chief executive Steve Rowe has added his voice to the chorus of concern over retail’s property cost crisis.
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NewsTesco to shut down non-food website Tesco Direct
Tesco is axing its standalone clothing and general merchandise website after concluding there was “no route to profitability” for the business.
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NewsShop Direct leaves City £55m out of pocket
Investors in Shop Direct have taken a hit after fears of a consumer credit crackdown triggered a sell-off in the company’s debt.
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NewsMissguided online boss Jones exits after eight months
Missguided’s online chief executive Gareth Jones has left the business after less than a year in the role.
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NewsAmazon Go to open more cashierless stores
Amazon is to open more of its cashierless ‘just walk out’ stores in the US.
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NewsMPs launch new inquiry into health of high streets
Parliamentarians are to consider how to breathe new life into high streets that are suffering as online shopping grows and cost pressures increase.
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NewsWalmart edges out Amazon with $16bn Flipkart deal
Walmart has snapped up India’s largest ecommerce retailer Flipkart for around $16bn (£11.8bn) after seeing off competition from Amazon.
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NewsThe Hut snaps up cosmetics brand Eyeko
The Hut Group (THG) has acquired Eyeko, a specialist eye cosmetics brand, for an undisclosed sum.
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NewsYours Clothing back in the black as sales swell
Plus-size fashion firm Yours Clothing returned to profit in its last full year as its omnichannel strategy started to bear fruit.
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NewsAmazon profits double in first quarter as sales surge
Amazon’s profits and sales have surged in its first quarter, surpassing analyst expectations and causing its share price to soar.
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NewsBoohoo full-year profits surge as sales double
Boohoo has unveiled stellar full-year results driven by an “exceptional performance” at PrettyLittleThing.
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NewsAgenda: Boohoo, N Brown and Carpetright's CVA vote
Retail Week looks ahead to the next seven days, with updates from Booho and N Brown and Carpetright’s CVA vote on the agenda.
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NewsIceland launches online in China with JD.com
Iceland is to tap into the Chinese market after opening an online store in partnership with ecommerce giant JD.com.
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NewsRetail will be run entirely by robots, says JD.com boss
JD.com chief executive Richard Liu says that, in the future, retail will be operated not by humans but by “data, technology and robots”.
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NewsRiver Island to launch online third-party brand shop
River Island is set to launch an online shop for third-party menswear brands in a bid to capture a greater share of the market.
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NewsAsos profits climb as web visits pass the billion mark
Fashion etailer Asos’ profits leaped in the first half of the year as visits to its website in that period exceeded a billion for the first time.