Latest online retail news – Page 93
-
NewsAlibaba’s Singles’ Day sales top $30bn in record performance
Alibaba’s Singles’ Day promotional extravaganza generated sales of $30.8bn, 27% ahead of last year’s total.
-
NewsB&Q turns its back on Black Friday promotions
DIY giant B&Q will not take part in the Black Friday promotional extravaganza this year.
-
NewsAmazon launches Prime Wardrobe in the UK
Amazon has launched its ‘try before you buy’ fashion proposition in the UK.
-
NewsOcado and Kroger pen deal to build 20 warehouses
Ocado and Kroger have finalised a deal that will see the US grocery giant build 20 warehouses over the next three years.
-
NewsBusiness rates and online tax on Budget agenda
Chancellor Philip Hammond is expected to cut business rates by a third for about half a million small retailers in today’s Budget.
-
NewsYoox Net-A-Porter to sell on Alibaba’s Tmall
Yoox Net-A-Porter has joined forces with online titan Alibaba to create a “luxury retail platform” in China.
-
NewsAmazon third quarter profits rocket as sales surge
Amazon has posted a surge in third quarter profits but delivered a muted festive sales forecast.
-
NewsBrexit to hit UK retailers’ profitability, warns Moody’s
British retailers’ profitability is likely to be held back by Brexit, according to research by credit ratings agency Moody’s.
-
NewsEbay sues Amazon for ‘illegally luring’ sellers
Online marketplace eBay is suing rival Amazon amid claims that the etail goliath poached its third-party sellers.
-
News
Asos profits soar as customer numbers rise
Asos has reported a 28% increase in full-year profits to £102m in “a year of substantial progress”.
-
NewsAsos launches voice shopping with ‘Enki’
Asos has launched voice shopping on Google with its shopping assistant ‘Enki’, becoming one of the first fashion retailers to do so
-
NewsWilko swings to red as exceptional costs rack up
Wilko posted a pre-tax loss due to one-off costs as sales rose, in what chief operating officer Sean Toal described as a “tough trading environment”.
-
NewsMySale to take buy-now, pay-later scheme to market
MySale is planning to offer its proprietary buy-now, pay-later technology to the rest of the industry.
-
NewsRetail sales suffer ‘summer hangover’ in September
Retail sales dipped in September as constrained consumer spending drove the industry’s poorest performance in five months.
-
NewsAmazon seeks UK properties for Go stores
Online powerhouse Amazon is on the hunt for UK retail properties for its checkout-free grocery arm, Amazon Go.
-
NewsQuiz warns on profits as sales growth disappoints
Quiz, the multichannel fashion retailer that floated last year, has issued a profits warning.
-
NewsUK could tackle Amazon and global giants in new tax
Britain could “go it alone” with a new scheme designed to tackle tax avoidance by Amazon and other digital global giants.
-
NewsStore gallery: Amazon launches 4-star store in New York
Amazon has launched a new store that bases its proposition on its best-rated online products.
-
NewsBoohoo posts profit rise as it wins market share
Fashion etailer Boohoo has reported first-half sales ahead 50% to £395.3m at group level, powering pre-tax profits up 22% to £24.7m.
-
NewsAsos swings axe on A-List loyalty scheme
Asos’ loyalty scheme – which allows shoppers to earn points on their purchases for vouchers – will be shuttered next month.