Latest online retail news – Page 17
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NewsOcado optimistic about yearly sales growth after flat quarter
Online grocer Ocado expects sales to improve later this year after a flat performance in its fourth quarter.
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NewsReiss expects record profit after strong Christmas
Fashion retailer Reiss has reported strong Christmas trading as sales surged in stores and online.
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NewsMade.com to enter voluntary liquidation process
Made.com will be placed into members’ voluntary liquidation to formally wind up the company, a shareholder vote on the future of the company has concluded.
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NewsFat Face delivers bumper Christmas as profits climb
Fat Face reported soaring sales in the run-up to Christmas after posting an increase in profits for the first half.
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NewsSainsbury’s signs delivery deal with Just Eat
Sainsbury’s is to offer rapid delivery with Just Eat as part of a new deal with the food delivery app.
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NewsBoohoo to cut 100 head office jobs across former Arcadia brands
Online fashion giant Boohoo has unveiled plans to axe around 100 jobs at its London head office.
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NewsVirgin Wines issues profit warning following ‘difficult trading period’
Virgin Wines has issued a warning on full-year profits after a harsh half-year trading period hampered by strikes and operational problems.
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NewsProCook confident of recovery despite challenging Christmas period
ProCook has said it is confident its performance will improve despite reporting falling revenues over a Christmas period hampered by challenging trading conditions.
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NewsN Brown struggles over Christmas as cost-of-living pressures hit
N Brown has posted a drop in group revenue and product sales as cost-of-living pressures impacted shopper spending.
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NewsVery sales rise at Christmas as toy and beauty categories do well
Pureplay retailer The Very Group has reported a lift in sales in the run up to Christmas, with strong demand for toys and beauty products in particular.
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NewsAsos sales slip over Christmas in ‘challenging’ conditions
Online fashion giant Asos has posted a fall in sales over the festive period but said it is making progress on its turnaround.
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NewsExclusive: Marks & Spencer reshapes top digital team for next growth phase
Marks & Spencer co-chief executive Katie Bickerstaffe has “reset” her team to build on omnichannel momentum and create a more compelling customer ecosystem, Retail Week can reveal.
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NewsSosandar sales soar as every product category grows in record quarter
Sosandar has recorded a surge in sales across every product category on its website and through third-party collaborators, including John Lewis, Next and Very, in a record quarter for the company.
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NewsSofa-in-a-box brand Snug bought by ScS
ScS has snapped up digital-first sofa-in-a-box brand Snug for £875,000.
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NewsAmazon UK warehouse network overhaul puts 1,200 jobs at risk
Amazon intends to shut three of its UK warehouses, affecting 1,200 jobs.
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NewsCard Factory ups profit guidance as trading beats expectations
Card Factory expects annual profits to come in ahead of guidance, helped by a strong Christmas.
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NewsAO.com and Marks Electrical improve golden-quarter profit expectations
AO.com and Marks Electrical have both revealed rising profitability following golden-quarter trading.
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NewsDecember sales rise as Christmas brings some cheer for retailers
UK retail sales rose in December 2022 but the uptick masked a drop in volumes due to inflation running at historically high levels, the latest BRC-KPMG Retail Sales Monitor has found.
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NewsSeasalt enjoys record Christmas store trading but warns of online challenges
Cornish fashion brand Seasalt hailed record in-store trading over Christmas but warned online sales would continue to be challenging in 2023 due to macroeconomic conditions.
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NewsTrouva acquired by personal shopping platform Re:store
Trouva, the online marketplace for independent brands, has been bought by Cambridge-based digital personal shopping platform Re:store for an undisclosed sum.