Latest online retail news – Page 25
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NewsCyberattacks and fraud cost UK retail sector £11bn in 2023
The UK retail sector lost £11.3bn to fraudulent activity in 2023, according to global financial technology platform Adyen.
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NewsB&M takes aim at grocery loyalty schemes with new food campaign
B&M has introduced a new food campaign in stores and online, which seemingly hits out at supermarket loyalty schemes.
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NewsGreetings card retailers urge Ofcom to keep Saturday deliveries
Greetings card retailers have suggested to Ofcom that if it has to reduce Royal Mail letter services then a midweek delivery day should be axed instead of Saturday.
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NewsShein doubles profits as it ponders IPO
Online fashion giant Shein has more than doubled its profits as it considers a possible listing in New York or London.
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NewsWilko launches new online tools and equipment rental service
Wilko has introduced a new online tool and equipment rental service for customers and DIYers.
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NewsBoots sales rise as market share increases for 12th consecutive quarter
Boots has reported growth in both in-store and online sales in the three months ending February 29, 2024, as it delivered a retail market share growth for the 12th consecutive quarter.
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NewsCo-op makes membership prices available for ecommerce customers
The Co-op has today announced that its members will now have access to membership prices for online deliveries from its ecommerce website.
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NewsAsos, Asda and Boohoo pledge to clean up ‘misleading’ green claims
Asos, George at Asda and Boohoo have signed formal agreements to make changes to their green claims, following action from the Competition and Markets Authority (CMA).
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NewsAsos to hit profit guidance despite sales fall
Fashion specialist Asos has reported a fall in sales but expects to meet full-year profit expectations as it makes “good progress” with its turnaround strategy.
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NewsOcado sales and volumes rise in ‘strong start’ to year
Online grocer Ocado has reported a good beginning to its new financial year as its key metrics advanced.
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NewsFormer chancellor Nadhim Zahawi in talks to become chair of Very Group
Former chancellor and current Conservative MP Nadhim Zahawi is reported to be in talks to chair The Very Group following Dirk Van den Berghe stepping down after two years.
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NewsRetail sales steadied in February despite downturn
Retail sales were flat in February despite wet weather and continued economic insecurity.
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NewsExclusive: Waitrose to close warehouse putting 545 jobs at risk
The grocery arm of the John Lewis Partnership has proposed closing its delivery warehouse in Enfield in the summer, putting over 500 jobs at risk.
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NewsTemu owner's revenues and profits surge in ‘pivotal’ year
Temu owner PDD Holdings has recorded a massive surge in full-year and fourth-quarter profits and revenue.
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NewsAmazon unveils new ‘Spring Deal Days’ Sales period
Amazon has unveiled the launch of its first spring Sales event, which is due to kick off later this week.
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NewsSainsbury’s boss apologises after deliveries cancelled over tech issues
Sainsbury’s boss Simon Roberts has been forced to apologise to customers after the supermarket giant had to cancel thousands of online deliveries due to technical issues.
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NewsFreemans launches first credit offer in 13 years
Freemans has announced the launch of a new credit offer, its first in 13 years, in a bid to continue offering value and flexibility to shoppers.
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NewsDeliveroo posts narrowing losses in ‘resilient year’
Deliveroo has reported narrowing losses and an increase in revenue in what the group described as a “resilient year of growth” amid tough macroeconomic conditions.
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NewsPrimark CEO Marchant: Belief in bricks-and-mortar retail ‘at the heart’ of success
Primark chief executive Paul Marchant has said the fashion giant’s belief and passion in bricks-and-mortar retail “lie at the heart” of its strategy and success.
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NewsZalando adopts new strategy designed to power growth
International fashion pureplay Zalando expects to return to growth as it follows a new strategy.