All Online retail & ecommerce articles – Page 58
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NewsZalando sales and profits slow against ‘challenging economic backdrop’
Online fashion giant Zalando has said it will focus on growing its profitability this year after sales slowed against a “challenging economic backdrop” in 2022.
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NewsTHG launches buy now, pay later scheme
THG has launched a new buy now, pay later scheme in partnership with Newpay, a digital credit account.
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DataRanking: Meet the 30 UK retailers forecast to dominate ecommerce
A new report draws on exclusive Retail Week analyst data to rank the country’s most successful ecommerce retailers by FY2022 predicted online sales. Discover who they are, how they’re winning and the strategies to follow their lead
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Opinion‘From automation to home working, Sainsbury’s changes highlight forces shaping retail’
Sainsbury’s disclosure this week of a raft of business changes affecting its Argos general merchandise division, and putting at risk 1,400 jobs, crystallised some big retail themes of the moment.
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NewsCrew Clothing launches digital partnership with Marks & Spencer
Crew Clothing has launched a new digital partnership with Marks & Spencer, joining its ‘Brands at M&S’ platform.
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NewsRetailers welcome new Northern Ireland deal on Brexit
Retailers including Marks & Spencer chair Archie Norman and Sainsbury’s chief executive Simon Roberts have welcomed prime minister Rishi Sunak’s new deal to revise the Northern Ireland Protocol.
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NewsAO rebound due to ‘emphasis on profitability and generating cash’
AO.com has credited its recent successes to changing its strategy to focus on profitability as well as maintaining a quality service that meets customers’ needs.
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AnalysisAs Ocado banks on international tech success, is this as good as it gets at home?
After Ocado swung to a £500m annual loss, any momentum it built up over the last few years has all but vanished.
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NewsOcado swings to loss after challenging year
Online retailer Ocado swung to a loss and reported a fall in its retail revenue for FY2022 as the cost-of-living crisis created a “challenging year”.
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NewsTikTok overtakes Instagram and Facebook as UK’s most shopped social channel
TikTok has become the UK’s most shopped social media channel and has outpaced Instagram and Facebook.
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AnalysisCan Shein maintain its upward trajectory and succeed where others have failed?
As Shein predicts its annual revenue will more than double to reach almost $60bn (£49.8bn) by 2025, and forecasts it will overtake the combined annual sales of both Inditex and H&M, it is clear the retailer is making waves within the fashion industry.
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NewsZalando to cut hundreds of jobs as tough economic conditions bite
Zalando is to axe several hundred roles as it confronts a challenging environment as “pandemic tailwinds fade”.
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NewsWalmart pins second straight profit warning on cautious US consumer
Walmart has issued a second straight profit warning and offered cautious guidance for the year ahead.
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Retail VoiceThree priorities for tech leaders
With the sands of retail shifting rapidly, Netpremacy takes a look at what this means for technology leaders, where their priorities lie and what their investment strategies look like for 2023
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NewsIn the Style founder Frisby wins High Court case
In The Style founder Adam Frisby has won a High Court battle with Paul Clements – who claimed the In The Style brand name and concept was his creation.
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AnalysisHow Dunelm is making itself at home in a volatile market
Homeware and furniture retailer Dunelm’s total sales are 43% higher than they were pre-pandemic in the first half of 2020. So what is it doing to deliver growth when its rivals have struggled?
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AnalysisHow homegrown sportswear brand Castore plans to take on the global giants
Manchester-based sportswear brand Castore has been growing persistently since its launch in 2015. With talks ongoing with lenders over raising a further $200m, Retail Week analyses how it is looking to take on some of the biggest names in sportswear
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NewsExclusive: Secret Sales eyes international markets after record growth
Secret Sales has posted a record year for growth across its marketplace with chief executive Chris Griffin saying the brand is now “one of Europe’s fastest-growing fashion ecommerce platforms”.
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NewsExclusive: Amazon bypasses wholesalers to source directly from brands
Amazon has written to its European vendors to tell them it will now focus on sourcing products directly from brands rather than wholesalers.
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NewsVery to use AI to improve product discovery for customers
Online retailer Very is set to transform its product discovery experience for customers through AI and machine learning.