Latest online retail news – Page 18
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NewsAsos shareholders urged to rebel at AGM next month
Troubled online fashion giant Asos faces the prospect of a shareholder rebellion at next month’s AGM.
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NewsFashion marketplace Atterley collapses into administration
Scottish online fashion retailer Atterley.com is in the process of appointing administrators, it has emerged.
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NewsRetailers hope late shopping surge will provide Christmas trading miracle
Retailers remain hopeful that a late shopping surge will help save Christmas trading, despite the cost-of-living crisis and the added complications of rolling strike action.
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NewsTop credit insurer trims cover for THG suppliers
THG has become one of the latest retailers to reportedly see a reduction in the level of cover provided to its suppliers by one of the UK’s largest credit insurers.
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NewsAmazon settles EU regulators deal to avoid $47bn fine
Amazon has agreed to settle competition inquiries with the European Union to avoid a potential $47bn (£39bn) fine.
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NewsJohn Lewis extends delivery window for last-minute Christmas shopping
John Lewis has extended its Christmas delivery and click-and-collect windows to capture sales from last-minute shoppers.
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NewsAmazon workers vote to strike at Coventry warehouse in UK first
Amazon workers at a depot in Coventry will go on strike over pay in the new year after voting in favour of industrial action in a historic ballot.
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NewsIkea UK sales jump as post-pandemic customers invest more in their homes
Ikea’s UK sales jumped 13% as customers looked to invest more in their homes, both in store and online, post-pandemic.
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NewsAsos appoints new non-executive director in board reshuffle
Embattled pureplay fashion retailer Asos has appointed a former Amazon executive to its board as it looks to push ahead with its recently unveiled 12-month turnaround plan.
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NewsMountain Warehouse targets openings for new store format
Outdoor clothing specialist Mountain Warehouse plans to open more big stores and expects to be back in the black this financial year.
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NewsSuperdry boss Dunkerton in talks over potential buyout
Superdry boss and co-founder Julian Dunkerton has held talks with private equity backers with an eye to a potential buyout of the company.
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NewsCash retail payments halved last year as ecommerce sales soared
Cash accounted for just 15% of all transactions in 2021, the latest figures from the British Retail Consortium (BRC) have revealed.
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NewsIn the Style launches strategic review as it swings to loss
Fashion brand In the Style has launched a strategic review of the business after its chief executive stood down and the business swung to a loss.
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NewsExclusive: Fat Face profitability returns to pre-pandemic levels
Fashion retailer Fat Face’s pre-tax profits jumped following a record sales performance last year that helped profitability return to pre-pandemic levels.
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NewsMoonpig lowers sales forecasts amid ‘challenging’ pre-Christmas trading
Moonpig has reduced its full-year sales forecasts after turbulent trading conditions hit its top line.
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NewsVery Group launches AR feature allowing app users to try makeup virtually
The Very Group has launched in-app augmented reality features that allow customers to try out new cosmetics products digitally.
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NewsBlack Friday consumer tech sales sink to five-year low
Air fryers, heated clothes airers and electric blankets bucked the downward trend for Black Friday sales this year, according to point-of-sale data by analysts GfK.
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NewsCurrys switches out of Royal Mail as strikes loom
Electricals giant Currys has dropped Royal Mail for parcel deliveries to minimise disruption from strikes during the crucial Christmas period.
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NewsBoohoo more than doubles Revolution Beauty stake to become largest shareholder
Boohoo has more than doubled its stake in embattled cosmetics specialist Revolution Beauty to become its biggest shareholder.
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NewsBlack Friday sales ‘go gangbusters’ as shoppers splurge on deals
Brits smashed transaction records on Black Friday as cash-strapped consumers splurged on deals despite the cost-of-living crisis.