Latest online retail news – Page 92
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News‘Predatory online pricing’ worse than rates, says Timpson
“Predatory” pricing by online retailers is a bigger problem to bricks-and-mortar retailers than business rates, Sir John Timpson has warned.
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NewsShop Direct hires former Wonga boss in board reshuffle
Shop Direct has appointed the former UK boss of Wonga to head its financial services business as part of an executive board reshuffle.
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NewsRecipe box specialist Mindful Chef wins new investment
Specialist consumer business investor Piper has taken a £6m stake in recipe box subscription business Mindful Chef.
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NewsPotential buyers eye up Mahabis
Several interested parties are considering whether to buy upmarket etailer Mahabis following its collapse into administration at the end of last month.
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NewsGear4music cautions on profits despite Christmas sales spike
Gear4music has warned that full-year profits will fall “slightly below” those achieved last year, despite a spike in sales during the crucial Christmas quarter.
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NewsSpecialist etailer Mahabis plunges into administration
Mahabis, regarded as a rising star of online retail, has collapsed into administration.
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NewsOnline sales reach milestone in November, ONS reports
Retail sales rose by volume and value last month, official data indicated.
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NewsOnline sales growth hits seven-year low in November
Online retail has suffered its worst November sales growth since 2011 after lacklustre Black Friday trading.
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NewsTen million people to hit the shops on 'Super Saturday'
Shoppers are poised to spend £1.65bn this Saturday, the last before Christmas.
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NewsAsos warns on profits after tough November trading
Asos has issued a profit warning after torrid trading conditions in November.
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NewsBoots website crashes following No7 Christmas deal demand
Boots’ UK website has crashed during the vital Christmas trading period after the retailer launched a pre-Christmas deal on its own-brand No7 gift set.
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NewsOcado posts fourth-quarter sales rise as orders increase
Ocado has reported a 12% increase in sales during its fourth quarter.
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NewsFarfetch acquires online marketplace Stadium Goods
Farfetch has struck a deal to acquire upscale sneaker and streetwear online marketplace Stadium Goods.
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NewsMissguided chief customer officer exits after eight months
Missguided chief customer officer Kenyatte Nelson has left the fast-fashion business after eight months.
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NewsBlack Friday footfall tumbles as online sales spike
Black Friday footfall in the first half of the day has plummeted 7% year on year as online bargain hunters drive sales.
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NewsIkea could axe 350 UK jobs in global restructure
Ikea has revealed plans to axe 350 UK jobs as part of a global restructure as it bids to cater for a changing customer profile.
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NewsGoogle and NearSt tie up to push local high street sales
Google and retail tech start-up NearSt have collaborated to allow shoppers to get information about specific product availability at shops nearby.
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NewsJeff Bezos: ‘I predict one day Amazon will fail’
Amazon founder Jeff Bezos has told staff that Amazon is not “too big to fail” and that one day it will “go bankrupt”.
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NewsAmazon to create 50,000 jobs in split HQ plan
Amazon has ended months of speculation by revealing that its new second headquarters will be split between New York and Arlington, Virginia.
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NewsFlipkart boss steps down amid misconduct allegation
The chief executive of Flipkart Group Binny Bansal has resigned following an independent investigation into an allegation of “serious personal misconduct.”