All Online retail & ecommerce articles – Page 49
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NewsMarks & Spencer adds more brands online in footwear push
Marks & Spencer has bolstered its online roster of third-party brands as it seeks to gain ground in the footwear category.
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InterviewQ&A: The Very Group’s Paul Hornby on integrating AI into the digital customer experience
The Very Group is in the midst of a tech transformation and by 2024 it plans to migrate most of its app and website to its new Skyscape platform which will help deliver customer experience changes “more frequently and faster than ever before”
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NewsIkea acquires software provider to speed up online orders
Ikea has bought US-based software brand Made4Net for an undisclosed sum.
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DataUK retail sales return to growth in April despite inflation
Despite pressure from inflation, UK retail sales rebounded in April, according to the ONS.
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NewsAsos refinances and seeks £75m from investors
Asos is looking to raise £75m in cash from shareholders and it has refinanced in an attempt to strengthen its balance sheet.
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AnalysisPets at Home: What will its world-beating pet care platform look like?
Pets at Home this morning unveiled a set of record results, boasting a 6.6% jump in sales to £1.4bn and delivering an underlying profit before tax ahead of guidance
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NewsCo-op steps up expansion of robotic grocery delivery service
The Co-op is expanding the roll-out of its autonomous grocery delivery service to Wakefield in West Yorkshire.
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AnalysisTemu: The value-led ecommerce app with Shein and Amazon in its sights
Chinese-owned marketplace Temu has taken the ecommerce world by storm since launching last year but what do we know about the platform? As Temu finds its feet in the UK, Retail Week explores how it has been achieving rapid global growth
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DataOne in four online baskets abandoned at checkout costing retailers £32bn
One in four online transactions is being abandoned by customers at checkout amounting to £32bn in the last 12 months, according to the latest research from GFS and Retail Economics.
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NewsGrocery price inflation at third-highest level since 2008
Grocery prices have fallen for the second month in a row, but inflation is still at the third-highest rate since records began in 2008.
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NewsAsos launches first-ever rental collection in partnership with Hirestreet
Pureplay fashion brand Asos has launched its “first-ever rental edit” in partnership with rental marketplace Hirestreet.
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AnalysisDigital-first operating model: Why you need it and how to build one
Globally, the retail industry invested $181bn (£145bn) in retail tech and digital improvements last year, but most retailers don’t feel like they’re getting bang for their buck
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NewsBrompton Bikes makes John Lewis its first department store retail partner
Brompton Bikes will sell online with John Lewis as it targets expansion from being a direct-to-consumer business with its first partnership with a retailer since it was founded in 1975.
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NewsNobody’s Child pop-up stores are ‘huge step’ in bricks-and-mortar strategy
Fashion retailer Nobody’s Child has announced the launch of three new pop-up stores across London this summer, as a continuation of its “significant growth into physical retail”.
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NewsSainsbury’s prepares to launch online fashion marketplace
Sainsbury’s is gearing up to launch its own online fashion marketplace as it seeks to leverage the web traffic it draws.
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NewsFarfetch boss ‘extremely confident’ as it returns to sales growth
Luxury fashion platform Farfetch has attributed an increase in revenue in its first quarter to the continued success of its digital platform and the “strength and resilience” of its core business.
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AnalysisStrategy spotlight: Five ways TK Maxx’s off-price business model taps into consumer trends
The off-price retailer with an enviably agile business model, TK Maxx owner TJX Companies has just reported a 3% hike in net sales for Q1 and raised its full-year profit forecast. Our Retail Week analysts break down five ways the retailer is keeping up with demand and making the most of shoppers’ bargain-hunting missions
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AnalysisAs JD Sports streaks ahead of the competition, boss Régis Schultz plans to widen the gap
Less than a year after JD Sports went on an “extensive global search process” to find a new chief executive, Régis Schultz has broken the mould and taken the business to new heights after stepping into Peter Cowgill’s trainers.
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InterviewQ&A: OnBuy founder Cas Paton on becoming ‘Europe’s fastest-growing ecommerce business’
OnBuy’s founder and chief executive Cas Paton speaks to Retail Week about differentiating from other marketplaces, international expansion and plans to take the business to new heights
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AnalysisAre glory days over for Boohoo in the wake of Shein’s runaway success?
As both sales and profits slump for Boohoo amid the cost-of-living crisis in a highly competitive market, Retail Week looks at whether Boohoo can recapture its glory days in an era dominated by fast-fashion leader Shein