The Very Group operates Littlewoods and Very as digital-only, finance-centric retailers. It covers most product categories from fashion to electricals and homeware. Originally conceived as a catalogue retailer under the name Shop Direct, it stopped the presses in 2015 to focus on its online customer experience through the early adoption of personalisation and AI. Retail Week provides news, analysis, features and opinion about The Very Group and the online retail sector.
Retail media networks continue to be a hot topic in the industry, and its growth shows no signs of slowing down.
Investment in AI will be central to retail strategies next year, with 35 CEOs revealing to Retail Week they are spending on various applications of the tech in a major new research paper.
The Very Group is lining up banks to handle a strategic review of the business that could potentially lead to a sale in the range of £2.5bn.
Online retailer Very has unveiled its new campaign inviting families to start Christmas shopping for toys earlier this year.
The Very Group has launched a reimagining of its retail media proposition dubbed ‘Very Media Group’.
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