Latest online retail news – Page 95
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NewsAmazon posts record profit growth as sales soar
Amazon has reported a 12-fold increase in its second-quarter profits driven by demand for Amazon Web Services and increased online sales.
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NewsShop Direct reshuffles board, Jon Rudoe exits
Shop Direct has reshuffled its board to increase its focus on the customer, with retail technology and data director Jon Rudoe stepping down.
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NewsWalmart extends Microsoft tie-up to drive digital shift
Walmart has extended its partnership with Microsoft as part of the drive to “accelerate” its digital transformation.
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NewsAsda warehouse closure plans put 260 jobs at risk
Asda has entered into consultation with more than 260 employees amid plans to shutter one of its fulfilment centres.
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NewsAsos third-quarter sales spike as customer base swells
Asos has posted a jump in third-quarter revenues as it recorded strong growth in its domestic UK market and overseas.
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NewsSainsbury’s posts flat first quarter like-for-likes
Sainsbury’s like-for-like growth edged up 0.2% in the first quarter as the grocer ploughed £150m into lowering prices.
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NewsAsos names ex-ITV boss Adam Crozier as new chairman
Asos has named the former chief executive of ITV, Royal Mail and the Football Association, Adam Crozier, as its new chairman.
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NewsEve Sleep founder ousted after 'strategic missteps'
Direct-to-consumer mattress specialist Eve Sleep’s founder and chief executive Jas Bagniewski has left the business with immediate effect.
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NewsAmazon to shake up health sector with PillPack acquisition
Amazon is to acquire US online pharmacy PillPack in a deal likely to rock the healthcare sector.
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NewsM&S and Microsoft strike 'game changer' tech deal
Marks & Spencer is teaming up with Microsoft on a strategic initiative designed to transform the retail experience through AI, Retail Week can reveal.
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NewsFeelUnique launches WeChat mini programme
FeelUnique has unveiled a WeChat mini programme as part of its bid to expand into China.
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NewsIceland profits hit by Christmas availability glitch
Iceland has reported a year of strong sales growth but annual profits were hit by factors including poor availability in the key Christmas period.
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NewsDunelm digital director leaves
Dunelm digital director Joe Murray has left the homewares retailer after just 18 months in the role.
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NewsBoohoo sales surge as multibrand strategy pays off
Boohoo has reported rocketing revenues in its first quarter and expects continued growth throughout the year.
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NewsAmazon slammed over working conditions in China
Amazon has been attacked by a labour watchdog over working conditions at a plant in China where its smart speakers and e-readers are manufactured.
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NewsTesco’s Lewis voices business rates concerns
Tesco chief executive Dave Lewis has blamed the burden of business rates for the collapse of some retailers.
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NewsNotonthehighstreet ecommerce director departs
Notonthehighstreet ecommerce director Ollie Scheers has left the online gifting platform after less than 18 months in the role.
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NewsAmazon seeks 2,500 more UK staff
Amazon is to increase UK staff numbers by 10% this year as it creates 2,500 permanent jobs.
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NewsSainsbury's names Moriarty chief digital officer
Sainsbury’s has promoted its online boss Clodagh Moriarty to the newly created role of chief digital officer.
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NewsAO overhauls top team ahead of brand and services push
Electricals etailer AO World has reshaped its top management as it seeks to make the most of existing business strengths and chase new opportunities.