Latest online retail news – Page 21
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Moonpig goes back to basics to navigate cost of living crisis
Moonpig has said it will focus on greeting cards and has left its full year guidance unchanged as it seeks to navigate the current cost of living crisis.
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Troubled Naked Wines parachutes founder Gormley in as adviser
Naked Wines has appointed founder Rowan Gormley, former chief executive and still a “material” shareholder, as a board adviser as it reviews its business.
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Amazon to halt deliveries as retail shuts down for Queen’s funeral
Amazon has confirmed that all deliveries to customers will be paused for the duration of the Queen’s funeral on September 19.
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Hotel Chocolat closes US website as it pulls out of country to focus on UK
Hotel Chocolat has closed its US website months after closing stores in the region to focus instead on its home market
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John Lewis, Primark, Aldi to shut stores all day for Queen’s funeral, others likely to follow
Leading retailers will close stores for the day on September 19 when Queen Elizabeth II’s funeral will be held
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Reiss swings into the black with record profits and sales
Reiss has reported record sales and profits for the year to January 2022, despite its stores being closed for the first 10 weeks of the year
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Primark sales spike as it readies click-and-collect Christmas launch
Primark parent Associated British Foods (ABF) said the fashion operator’s full-year UK sales would approach pre-Covid levels in a pre-close update
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Deliveroo gears up for Supreme Court battle over workers’ rights
Deliveroo is preparing for a battle in the Supreme Court after being challenged by a gig economy union over how it treats its riders.
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Discount grocery start-up Motatos raises £33m for UK expansion
Sweden-based discount ecommerce grocer Motatos has raised £33m in its latest round of seed funding with plans to expand its operations in the UK and Germany.
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Notonthehighstreet promotes from within to replace departing chief executive
Notonthehighstreet has promoted from within in order to replace departing chief executive Claire Davenport.
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Very launches new Everyday value range as cost of living mounts
Very has launched a value own-brand range to help shoppers combat the growing cost of living crisis.
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Farfetch to buy stake in Yoox-Net-a-Porter from Richemont
Farfetch has snapped up a large stake in Yoox Net-a-Porter as owner Richemont right-sizes its assets
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Simply Be launches rental collection on Hirestreet
Fashion retailer Simply Be has launched its first clothing rental range on specialist platform Hirestreet.
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Revolution Beauty warns of stock trading suspension amid audit turmoil
Revolution Beauty has warned that its shares could be suspended from the start of next month due to delays in the audit of its full-year financial results.
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Frasers appoints new joint CEO for Missguided and I Saw It First
Frasers Group has named Greg Pateras as the boss of its newly acquired fashion brands Missguided and I Saw It First.
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Zalando cuts marketing spend rather than jobs
Online fashion giant Zalando is scaling back marketing in preference to cutting jobs amid challenging conditions.
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Royal Mail workers to stage four-day strike, heaping further pressure on retailers
More than 115,000 Royal Mail workers will stage a series of strikes during August and September in a bitter pay row, heaping further misery on retailers.
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Deliveroo losses widen as Next boss Lord Wolfson quits board
Deliveroo has suffered a double blow after posting spiralling half-year losses and revealing that Next boss Lord Wolfson has stepped down from its board.
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Asda partners with Deliveroo for on-demand grocery delivery
Asda has launched a partnership with Deliveroo for on-demand grocery deliveries with the goal to offer delivery from 300 stores by the end of the year.
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Co-op pens fresh Deliveroo deal to offer home delivery from 110 more shops
The Co-op has extended its partnership with Deliveroo for a further three years amid plans to roll out the service to 110 additional stores across the UK.