Latest online retail news – Page 8
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TikTok Shop launches same-day fulfilment in the UK
TikTok Shop has launched Fulfilled by TikTok (FBT), a new logistics program designed to make it easier for merchants to sell on the platform in the UK.
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AllSaints posts record results as product focus pays off
Fashion retailer AllSaints has reported its best-ever annual sales and profits.
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Asos announces partnership with Rokt
Fashion giant Asos has announced its partnership with ecommerce technology company Rokt in a bid to “surprise and delight customers with relevant offers”.
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Etsy sellers accuse marketplace of withholding money
Online marketplace Etsy has been accused of withholding money from sellers through its “reserve system”.
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Exclusive: Frasers boss says Amazon can’t do what Frasers can
As Frasers reported strong growth in profits and revenue driven by a “particularly strong year for sports retail”, chief executive Michael Murray said even Amazon cannot do what Frasers can.
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Primark lowers kidswear prices as it rolls out click and collect in London
Value fashion giant Primark has lowered the price on hundreds of its essential childrenswear products in a bid to “help family finances go further” while also rolling out its click-and-collect service to an additional 32 of its stores, including in London.
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Ocado wins £200m payout as patent row settled
Tech and online retail giant Ocado is to be paid £200m by robotics company Autostore after the pair settled a patent row.
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THG offloads OnDemand division to management to focus on core operations
Online group THG has sold its OnDemand business – which includes entertainment specialist Zavvi – to the division’s management.
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Exclusive: GMB entices Amazon workers in key regions to consider strikes
The GMB union is planning to bring a bigger fight to Amazon as it looks to recruit workers from the retailer’s key regions to join strikes.
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Co-op extends robot grocery delivery service across Leeds
The Co-op is expanding the roll-out of its autonomous grocery delivery service to cover more areas across Leeds.
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Amazon strikes spread to second depot
Amazon workers at a second fulfilment centre are set to walk out following the result of a strike ballot.
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Ocado remains ‘confident’ as it returns to profitability
Online grocer Ocado has posted a return to profitability in its second quarter and said it remains “confident” in its full-year performance following the first half of the financial year.
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OnBuy becomes first marketplace to offer cashback rewards
UK-based OnBuy has become the first online marketplace to offer cashback, with £10m set aside to reward customers as part of the launch.
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Credit insurer slashes cover for Boohoo suppliers
Boohoo’s credit insurer Allianz Trade has slashed cover for its suppliers, which threatens to enhance financial pressures on the fashion retailer, according to reports.
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Virgin Wines profits slow ‘in line with expectations’
Virgin Wines reported a full-year trading performance “in line with expectations” driven by a disciplined approach to customer acquisition, positive trends on conversion and cancellation rates, and a resilient WineBank loyalty scheme.
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Nisa partners with on-demand delivery firm Just Eat
Nisa has launched a tie-up with Just Eat to launch an on-demand online delivery partnership.
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Superdrug profits surge off the back of strong own-brand product performance
Superdrug has reported surging profits and sales off the back of improved footfall, successful own-brand product launches and a strong Christmas performance.
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Waitrose launches on-demand delivery service on Uber Eats
Waitrose has partnered with Uber Eats to launch a grocery delivery service on the platform.
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Online retail sales decline in June
Online retail revenue declined in June compared with last year, marking the 26th consecutive month where growth has remained flat or negative.
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THG’s Matt Moulding eyes potential sale of head office
Matt Moulding, chief executive of THG, which owns brands like Lookfantastic and Myprotein, is weighing up the sale of its headquarters, located at Manchester’s Icon business park.