Latest online retail news
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NewsRoyal Mail workers to stage four-day strike, heaping further pressure on retailers
More than 115,000 Royal Mail workers will stage a series of strikes during August and September in a bitter pay row, heaping further misery on retailers.
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Deliveroo losses widen as Next boss Lord Wolfson quits board
Deliveroo has suffered a double blow after posting spiralling half-year losses and revealing that Next boss Lord Wolfson has stepped down from its board.
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Asda partners with Deliveroo for on-demand grocery delivery
Asda has launched a partnership with Deliveroo for on-demand grocery deliveries with the goal to offer delivery from 300 stores by the end of the year.
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Co-op pens fresh Deliveroo deal to offer home delivery from 110 more shops
The Co-op has extended its partnership with Deliveroo for a further three years amid plans to roll out the service to 110 additional stores across the UK.
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Just Eat narrows losses but order numbers fall as lockdown boom unwinds
Online food delivery marketplace Just Eat has narrowed losses despite a sharp drop in order numbers as the world exited the pandemic.
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TikTok enters grocery sector with fresh food offer
TikTok has launched a fresh food offer on its shopping platform
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Amazon posts loss as ecommerce comes under pressure
Amazon has reported a second consecutive quarterly loss, but sales beat expectations despite its online retail business declining.
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Shopify 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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Very Group poaches marketing chief from Metro Bank
The Very Group has poached its new chief marketing officer from Metro Bank to help maintain the online retailer as a “destination of choice” for consumers
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Amazon blames inflation after increasing cost of Prime subscription
US giant Amazon is increasing the cost of its Prime subscription across its five key European markets as it seeks to offset increases in operating costs
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Morrisons expands international wholesale reach with British Corner Shop tie-up
Grocery giant Morrisons has expanded its global wholesale reach after agreeing a partnership with international grocer British Corner Shop
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Ocado losses widen as retail sales slide in ‘challenging’ market
Ocado has suffered widening half-year losses as sales made through its retail business slipped in what it called a “challenging” UK market.
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Ocado Retail boss Melanie Smith to step down
Ocado Retail chief executive Melanie Smith is stepping down from the online grocer after three years at the helm.
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Amazon throws down grocery gauntlet with Tesco Clubcard Price Match
Amazon has launched a Tesco Clubcard Price Match scheme as it bids to lure shoppers from the big four grocers during the cost-of-living crisis.
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Amazon to create 4,000 new UK jobs this year
Amazon has said it will create more than 4,000 new jobs this year, which will make it one of the UK’s top 10 largest private sector employers.
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Sosandar narrows losses as ‘normal trading conditions’ return
Sosandar has narrowed its full-year losses and hailed the return of “normal trading conditions” following the impact of the coronavirus pandemic.
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Amazon 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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AO launches £40m share placing after insurer cuts cover
Pureplay electricals giant AO is aiming to raise £40m through a share placing weeks after its credit insurance for suppliers was cut.
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Very Group drafts in former Walmart director as chief executive
Online retailer Very Group has appointed an ex-Walmart executive to become chief executive as Henry Birch stands down after four and a half years in charge.
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Frasers snaps up stake in fashion marketplace MySale
Frasers has bought a 28.7% stake in Australia-based fashion marketplace MySale, which it said would help it clear end-of-line stock.
