Latest online retail news – Page 13
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Amazon launches new scheme to help track counterfeit goods
Amazon has launched a new initiative aimed at helping retail stores identify and track marketplace counterfeits.
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TikTok Shop partners with UK-based fulfilment provider
TikTok Shop has chosen a UK-based global fulfilment provider as its partner to help carry out large volumes of orders placed through the social media platform.
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Amazon launches initiative for sellers to expand across Europe
Amazon has launched an initiative to help sellers extend their business to all its UK and European marketplaces.
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THG enjoys sales growth but misses downgraded earnings guidance
THG has reported an increase in revenue but missed its downgraded EBITDA expectations.
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THG shares surge off the back of private equity buyout approach
THG shares have surged after the retailer confirmed it received “a highly preliminary and non-binding indicative proposal” for a buyout from private equity firm Apollo Global Management.
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Exclusive: B&M pulls the plug on ecommerce home deliveries
B&M has abandoned online home delivery after a trial period had previously been available to customers on its website.
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PrettyLittleThing boss Umar Kamani steps down after 12 years
PrettyLittleThing’s founder and chief executive Umar Kamani has announced he will step down from the fashion retailer after 12 years as he embarks on “new challenges and goals” and plans to “build new brands”.
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Watch: Asda trials driverless deliveries in London
Asda has today launched what it says will be Britain’s biggest autonomous grocery home delivery trial.
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Kidly turns to the crowd to raise cash for own-label range
Kidly has launched a crowdfunding campaign to invest in its own-brand range.
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Freemans launches new value initiative as cost of living climbs
Online retailer Freemans has unveiled its new Everyday Value initiative in an attempt to “help families on a budget” amid the cost-of-living crisis.
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Marks Electrical hails strong business model as revenues soar
Pureplay retailer Marks Electrical has reported record revenue growth in its latest financial year, which it attributed to a strong business model that enhanced margin.
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THG strikes 10-year partnership with ecommerce retailer Maximo Group
THG has announced a 10-year strategic partnership with beauty ecommerce retailer Maximo Group, which owns sites such as allbeauty.com and fragrancedirect.co.uk.
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Amazon to close online shop Book Depository in latest bid to cut costs
Amazon is set to close its UK-based online store Book Depository at the end of April.
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Apple to cut staff in corporate retail teams
Apple is set to lay off staff from roles within its corporate retail teams as the tech giant bids to improve its operations.
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Amazon workers announce six new strike dates
Amazon workers are set to strike again as the ongoing battle for a pay rise to £15 an hour and better working conditions continues.
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Seasalt launches resale platform with sustainability specialist Reskinned
Cornish fashion brand Seasalt has announced the launch of a resale platform with sustainable pre-loved repair and resale specialist Reskinned.
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Tesco raises online minimum spend threshold
Tesco has made changes to its online order terms, including raising the minimum spend customers must reach for delivery by £10.
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Moonpig praises ‘resilient performance’ as profits remain flat
Greeting card and gifting retailer Moonpig has reported a “resilient performance” for the second half of the year to date, as profits remained flat.
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Next delivers growth but budgets for profit drop next year
Next has delivered healthy growth in sales and pre-tax profits, but warned strong comparables in the first half would result in a decline in both metrics next year.
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Ocado sales and customer numbers rise but basket size falls
Online grocer Ocado Retail reported being “on track to restore sales momentum” after revenues climbed in its first quarter.