All Marketplaces articles – Page 16
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NewsShopify lays off one in 10 employees as bet on post-pandemic growth backfires
Canadian ecommerce firm Shopify is set to lay off approximately 1,000 employees after founder and CEO Tobi Lütke said the business made the ‘wrong’ bet on the long-term growth of online retail post-pandemic.
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NewsTHG and Softbank scrap $1.6bn investment deal
A call option agreement for a division of Japanese investment titan Softbank to acquire a $1.6bn (£1.3bn) stake in THG’s Ingenuity division has been terminated.
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Opinion‘Amazon needs more than a Tesco price match to win grocery market share’
With Amazon launching a Tesco Clubcard Price Match scheme, IGD’s Bryan Roberts examines whether it will be enough to help the online giant regain momentum.
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AnalysisSWOT analysis: Are ex-Asos boss Beighton and Matchesfashion a match made in heaven?
As former Asos boss Nick Beighton takes the helm of luxury ecommerce platform Matchesfashion, Retail Week explores where the business is now and what he could bring to the table.
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NewsAmazon faces CMA probe over treatment of third-party sellers
Amazon is being investigated by the UK’s competition watchdog over its treatment of third-party sellers that use its online marketplace.
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NewsAmazon launches e-cargo bike fleet in London
Amazon has created a new fleet of e-cargo bikes and on-foot delivery staff to replace van deliveries in London.
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NewsZalando warns on profits as customer demand wanes
Zalando has issued a profit warning after a worse-than-expected second quarter.
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NewseBay European boss poached by Asda owner TDR Capital
The head of eBay Europe, Rob Hattrell, is leaving the marketplace giant to join private equity firm and Asda co-owner TDR Capital in the autumn.
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Opinion‘Retail hardly features in the levelling-up debate – that’s a mistake’
Small, entrepreneurial retailers can be the drivers of redistributing wealth and opportunity across the UK, believes eBay UK general manager Murray Lambell.
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NewsMade.com acquires Trouva as it ‘accelerates’ marketplace ambitions
Made.com has acquired homewares platform Trouva for an undisclosed sum, in a move that chief executive Nicola Thompson says will “significantly accelerate our growth strategy”.
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AnalysisDeep dive: Room for one more – are co-CEOs the future of retail leadership?
When it comes to leadership, are two heads really better than one? Marks & Spencer seems to think so. Retail Week explores the trend for co-chief executives in retail.
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NewsZalando profits and sales slip as supply chain and inflation costs bite
Zalando has reported dropping profits and revenues as rising inflation and the cost-of-living crunch impacted its bottom line.
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NewsAmazon slips into loss as productivity becomes focus
Online giant Amazon has reported a quarterly loss - its first since 2015 - as torrid trading conditions took a toll.
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NewsMorrisons, Asda and Amazon price strategies polarise as retailers tackle inflationary pressures
Morrisons and Asda have reduced prices while Amazon has warned of price rises as the retail sector grapples with soaring inflation.
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NewsThe Hut Group posts record sales as profits rise
The Hut Group (THG) has recorded a rise in both profits and revenues in its full-year results as the online retailer and tech platform clarified ongoing speculation around a potential sale of the group.
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NewsManoMano launches trade marketplace to supercharge UK growth
ManoMano has launched a dedicated online marketplace for UK trade professionals called ManoManoPro, which co-CEO Philippe de Chanville says offers a greater variety of products and prices than its competitors.
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NewseBay launches £1m investment programme for small businesses
eBay has unveiled an investment programme and regional roadshow, designed to help small online businesses navigate rising inflation and the impact of the pandemic.
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AnalysisAnalysis: What the Farfetch and Neiman Marcus partnership reveals about the future of luxury
Farfetch is to invest up to $200m (£153m) in Neiman Marcus as part of a wide-ranging partnership. What are the implications of this tie-up for the luxury sector as a whole?
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AnalysisExplosive consumer poll: Is greenwashing working?
Retail Week’s Green is the New Black report has ignited debate on social media as to how much consumers know – and care – about sustainability. We take a closer look at its findings.
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NewsSuperdrug unveils plans for beauty and wellness online marketplace
Superdrug has revealed its plans to launch Superdrug Marketplace, an online platform that will feature hundreds of premium and emerging brands.