Latest online retail news – Page 10
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OnBuy becomes first marketplace to offer cashback rewards
UK-based OnBuy has become the first online marketplace to offer cashback, with £10m set aside to reward customers as part of the launch.
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Credit insurer slashes cover for Boohoo suppliers
Boohoo’s credit insurer Allianz Trade has slashed cover for its suppliers, which threatens to enhance financial pressures on the fashion retailer, according to reports.
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Virgin Wines profits slow ‘in line with expectations’
Virgin Wines reported a full-year trading performance “in line with expectations” driven by a disciplined approach to customer acquisition, positive trends on conversion and cancellation rates, and a resilient WineBank loyalty scheme.
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Nisa partners with on-demand delivery firm Just Eat
Nisa has launched a tie-up with Just Eat to launch an on-demand online delivery partnership.
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Superdrug profits surge off the back of strong own-brand product performance
Superdrug has reported surging profits and sales off the back of improved footfall, successful own-brand product launches and a strong Christmas performance.
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Waitrose launches on-demand delivery service on Uber Eats
Waitrose has partnered with Uber Eats to launch a grocery delivery service on the platform.
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Online retail sales decline in June
Online retail revenue declined in June compared with last year, marking the 26th consecutive month where growth has remained flat or negative.
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THG’s Matt Moulding eyes potential sale of head office
Matt Moulding, chief executive of THG, which owns brands like Lookfantastic and Myprotein, is weighing up the sale of its headquarters, located at Manchester’s Icon business park.
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AO boss has ‘no plans’ to return to physical retail
AO founder and chief executive John Roberts has said the group has “no plans” to return to bricks-and-mortar retail after closing its shop-in-shops with Tesco last year.
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Dune partners with Reskinned in latest sustainability push
Footwear and accessories retailer Dune has announced a partnership with sustainable pre-loved repair and resale specialist Reskinned in its latest sustainability push.
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Asos unveils dedicated sample sale website to clear stock
Online fashion giant Asos has unveiled its new dedicated sample sale website in its latest attempt to clear stock.
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Exclusive: Outfittery launches in the UK
German personal shopping service Outfittery has launched an online store in the UK, Retail Week can reveal.
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TikTok opens first pop-up shop on Oxford Street
TikTok has opened its first pop-up shop on London’s Oxford Street to showcase the range of brands and creators selling on the platform
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Poundland to hire 120 staff ahead of digital expansion
Poundland has started to recruit 120 people for roles at its South Yorkshire distribution centre ahead of its digital expansion in the summer.
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Ocado slashes prices on more than 100 grocery products
Pureplay grocer Ocado has cut the prices on over 100 everyday essential items by up to 25% across a range of own-brand and Marks & Spencer items.
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Shopify launches ‘Collabs’ to connect UK brands and creators
Shopify is launching its “Collabs” service in the UK to make it easier for brands and creators to connect and work together.
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Exclusive: THG Beauty to launch expert skincare destination on Lookfantastic
THG, the retail group that owns premium beauty marketplace Lookfantastic, is set to launch an expert skincare destination on the website, Retail Week can reveal.
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Amazon workers plan strikes over Prime Day
Amazon workers are set to strike over Prime Day, one of the busiest times of the year for the global ecommerce company
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Shopify to make Shop Pay available to retailers off-platform
Shopify is expanding its accelerated checkout service Shop Pay to include retailers not on its platform.
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Frasers increases stake in Asos for the third time in two weeks
Frasers Group has increased its stake in fashion pureplay Asos for the third time in two weeks, as takeover speculations increase.