Latest online retail news – Page 4
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Yodel secures rescue deal led by rival Shift
Parcel delivery group Yodel has been acquired by a privately funded consortium led by executives of rival company Shift for an undisclosed sum.
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January ecommerce sales suffer as demand weakens
Ecommerce sales took a sharp dip in January as most product categories recorded a slowdown due to weakened demand.
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Evri parcelled up for £2bn sale
Evri is being prepared for a multibillion-pound sale by its private equity owner, according to reports.
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Dunelm bolsters digital capabilities with new board members
Homewares giant Dunelm has drafted in two new board members with strong digital commerce backgrounds.
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Amazon Fashion teams up with UK luxury resale platform
Amazon’s European fashion arm is collaborating with luxury resale platform Hardly Ever Worn It to offer a range of pre-owned items from luxury brands.
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Online shoppers turn to BNPL for January sales
Online spending in the UK in January increased 3.4% year on year as shoppers bought exercise equipment and made the most of the post-Christmas sales.
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Fanatics appoints international president in newly created role
Fanatics, the pureplay sports retailer that specialises in licensed merchandise, has appointed Stephen Dowling to a newly created international president role.
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Deliveroo couples up with Ann Summers for Valentine’s Day
Deliveroo and Ann Summers have joined forces to bring customers rapid delivery of sexual wellness products in the run-up to Valentine’s Day.
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Ikea sales boosted by soaring click-and-collect orders
Ikea has posted a full-year sales uplift as online sales and click-and-collect orders soar.
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Exclusive: Amazon faces fresh round of strikes
Amazon workers in Coventry will strike again following a compulsory re-ballot, Retail Week can reveal.
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Hidden charges for online shoppers to be banned
Unavoidable hidden fees for online shoppers are set to be banned under new law proposals expected to come into force this spring.
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eBay to axe 1,000 roles
Online marketplace eBay will lay off around 1,000 staff in the US, equating to an estimated 9% of its current workforce.
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THG Ingenuity partners with fashion retailer Omnes 'to go to next level'
THG’s tech business Ingenuity Commerce has announced a new partnership with UK-based sustainable fashion retailer Omnes to fuel its growth plan.
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Virgin Wines hails ‘good Christmas’ as sales and profitability jump
Virgin Wines has hailed a strong Christmas trading period, reporting increases in both total revenues and profitability and maintaining its full-year profit guidance.
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Ofcom review paves way for Royal Mail to scrap Saturday deliveries
Royal Mail could be given the green light to scrap Saturday deliveries as part of an Ofcom review into how the UK’s postal service may need to be updated.
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Shein opens up design competition to international designers
Shein has expanded the in-take for its fashion design competition, Shein X, to include global applicants for the first time as it continues to look for up-and-coming designers.
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Holland & Barrett teams up with THG for supply chain overhaul
Holland & Barrett has proposed a three-year partnership with THG’s tech arm Ingenuity as it undergoes a “multimillion-pound redevelopment of its supply chain”.
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Ocado Christmas sales hit ‘highest ever level’
Ocado has posted growth in sales as it delivered “another record Christmas and hit its highest-ever level of sales” over the peak trading period.
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Wilko set to open two more UK stores
Wilko is continuing its roll-out of new concept stores across the UK with two new stores set to open in spring.
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BrandAlley acquires footwear resale platform The Edit LDN
Online retailer BrandAlley has acquired a majority stake in footwear resale platform The Edit LDN.