Latest online retail news – Page 15
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THG 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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Crew 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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Retailers 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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AO 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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Ocado 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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TikTok 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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Zalando 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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Walmart 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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In 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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Exclusive: 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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Exclusive: 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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Very 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.
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Amazon workers to go on seven-day strike for better pay
Amazon warehouse workers in Coventry are poised to go on a week-long strike as they continue their push for better pay.
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Ecommerce sales growth slows to near pre-pandemic levels
Online sales have been growing at a slow rate in 2023 so far, nearing growth levels seen in 2019.
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Deliveroo to cut hundreds of jobs as demand for takeaway softens
Deliveroo is set to cut hundreds of jobs globally, as the cost-of-living crisis softens demand for takeaway.
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Exclusive: New Look to trial charging customers for online returns
Retail Week can reveal that New Look has started a trial of charging customers for postal returns of online orders.
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Very Group promotes CFO to chief finance and transformation officer
The Very Group has promoted chief financial officer Ben Fletcher to the newly created role of chief finance and transformation officer with immediate effect.
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Watches of Switzerland hails ‘omnichannel excellence’ for strong trading performance
Watches of Switzerland has reported a surge in revenue owing to a “dedication to omnichannel excellence and our exceptional client service”.
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Exclusive: Asos warehouse damage forces delivery delays
Asos was forced to suspend operations at its Barnsley fulfilment centre after wind damage to the roof caused safety concerns.
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Co-op to accept PayPal payments for online shopping
The Co-op has signed a deal with PayPal allowing customers to use the service to pay for their groceries online.