Latest online retail news – Page 247
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NewsWeekly sales surge at John Lewis
Sales at John Lewis department stores surged 17% to £75.7m last week as bargain-hungry shoppers took advantage of the retailer’s Sale.
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NewsApple Retail UK: Innovative products key to success
The secret of the company’s success lies in innovative products and good customer service.
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NewsMaplin invests £40m to improve business
New chief executive John Cleland to drive ecommerce and boost store numbers by 50%.
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NewsPoundland tries out new payment options
Single-price retailer Poundland is considering the launch of payment options including contactless and self-service checkouts as it seeks to improve the in-store experience.
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NewsDebenhams to launch next day delivery in online revamp
Department store chain Debenhams will launch next day delivery in 2013 to help drive online sales.
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NewsN Brown boss: 'We're not for sale'
N Brown chief executive Alan White denied the home shopping group is to be sold, following chairman and major shareholder Lord Alliance’s decision to step down from the role.
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NewsN Brown chairman and chief executive to exit
N Brown chief executive Alan White and chairman Lord Alliance are stepping down from the home shopping group.
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NewsMadonna's Material Girl range to launch in Freemans and Grattan
Madonna’s clothing line Material Girl will be available in the UK from September as Freemans owner Otto buys the European rights to the brand.
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NewsPhones 4u sales rise but earnings fall
Sales at Phones 4u rose 11% to £975.8m in the last year.
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NewsHomebase: Evolution of the shed format
Poor weather hit sales but the retailer continues to focus on store formats and big-ticket items.
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NewsOcado takes on specialists with dedicated websites
Pets, DIY and health and beauty to become new battlegrounds.
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NewsMFI’s Favell drafted in at Bathstore
Former MFI chief executive Gary Favell has been hired as the new boss of Bathstore after the big-ticket retailer was bought by investment firm Endless last month.
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NewsVideo: George at Asda debuts augmented reality T-shirts
George at Asda is stocking the UK’s first augmented reality T-shirts.
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NewsTesco uses data to offer deals based on web shopper habits
Tesco is using loyalty card data to tailor online shopping ranges to customers.
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NewsOcado posts 12% sales growth
Ocado has posted EBITDA up 4.5% to £14.9m in the first half while statutory pre-tax profit was flat at £181,000.
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NewsEBay poaches Sainsbury's digital boss Tanya Lawler to lead UK
Online giant eBay has poached Sainbury’s digital boss Tanya Lawler to lead its UK business.
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NewsOcado set to name new finance director
Ocado is set to appoint former Fitness First financial director Duncan Tatton-Brown as its new finance director.
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NewsThe Hut Group raises £4m to launch new site
Online group The Hut has raised £4m in equity from existing shareholders to help launch new site MyVitamins.com in August.
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NewsJohn Lewis sales buoyed by online sales
Bellwether department store John Lewis experienced an 11.5% surge in sales to £63.58m in the week to June 16 driven by strong growth in online.
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News
Inditex reports net profit increase
Clothing giant Inditex reported a 30% rise in net profit to E432m (£374.7m) for its first quarter, on revenues up 15.4% to E3.4bn (£2.95bn).The retailer posted its highest-ever gross margin, which rose by 140 basis points to 60.2%.During the quarter Inditex opened 91 new stores in 26 countries. The retailer ...