More online retail – Page 17
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AnalysisPets at Home: What will its world-beating pet care platform look like?
Pets at Home this morning unveiled a set of record results, boasting a 6.6% jump in sales to £1.4bn and delivering an underlying profit before tax ahead of guidance
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AnalysisTemu: The value-led ecommerce app with Shein and Amazon in its sights
Chinese-owned marketplace Temu has taken the ecommerce world by storm since launching last year but what do we know about the platform? As Temu finds its feet in the UK, Retail Week explores how it has been achieving rapid global growth
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DataOne in four online baskets abandoned at checkout costing retailers £32bn
One in four online transactions is being abandoned by customers at checkout amounting to £32bn in the last 12 months, according to the latest research from GFS and Retail Economics.
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AnalysisDigital-first operating model: Why you need it and how to build one
Globally, the retail industry invested $181bn (£145bn) in retail tech and digital improvements last year, but most retailers don’t feel like they’re getting bang for their buck
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AnalysisStrategy spotlight: Five ways TK Maxx’s off-price business model taps into consumer trends
The off-price retailer with an enviably agile business model, TK Maxx owner TJX Companies has just reported a 3% hike in net sales for Q1 and raised its full-year profit forecast. Our Retail Week analysts break down five ways the retailer is keeping up with demand and making the most of shoppers’ bargain-hunting missions
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AnalysisAs JD Sports streaks ahead of the competition, boss Régis Schultz plans to widen the gap
Less than a year after JD Sports went on an “extensive global search process” to find a new chief executive, Régis Schultz has broken the mould and taken the business to new heights after stepping into Peter Cowgill’s trainers.
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InterviewQ&A: OnBuy founder Cas Paton on becoming ‘Europe’s fastest-growing ecommerce business’
OnBuy’s founder and chief executive Cas Paton speaks to Retail Week about differentiating from other marketplaces, international expansion and plans to take the business to new heights
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AnalysisAre glory days over for Boohoo in the wake of Shein’s runaway success?
As both sales and profits slump for Boohoo amid the cost-of-living crisis in a highly competitive market, Retail Week looks at whether Boohoo can recapture its glory days in an era dominated by fast-fashion leader Shein
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AnalysisHow Asos is trying to arrest slumping sales and return to profitability
Following the report of further losses for Asos, Retail Week explores how the online fashion retailer has delivered on its previously pledged strategic targets to get back to an upward trajectory
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InterviewQ&A: Alibaba’s Roland Palmer on Brexit and what UK retail can learn from China
Alibaba’s UK general manager Roland Palmer speaks to Retail Week about how the marketplace giant is making a name for itself in the country despite challenges from Brexit, and where UK businesses can follow China’s example
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InterviewQ&A: Vinted marketplace CEO Adam Jay on the future of second-hand fashion
Retail Week spoke to Vinted marketplace chief executive Adam Jay about the platform’s expansion plans, resale market challenges, the importance of having no selling fees and how second-hand fashion will shape the future
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AnalysisStrategy spotlight: Five ways Ikea will drive long-term success in the UK
As the long-awaited Ikea store in Oxford Circus is set to open later this year, what can we expect from the Swedish retailer?
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InterviewQ&A: Cotswold Company CEO Ralph Tucker on repair shops, store openings and the four-day week
Tucker took on his first CEO gig at premium home and furniture retailer Cotswold Company just four weeks before the pandemic hit and has steered it through several crises since
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Opinion‘Retailers using personalisation for a quick buck will end up on wrong side of customers’
Retailers need to think about how personalisation strategies fit with building and retaining customer trust, historically the most important determinant of lifetime value, maintains OC&C’s Matt Coode
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DataUK retail sales given Mother’s Day boost
UK retail sales rose in March due to consumers shopping for Mother’s Day.
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AnalysisStrategy spotlight: How Flying Tiger Copenhagen is succeeding despite cost-of-living crisis
Despite operating in an extremely discretionary market during an unprecedented cost-of-living crisis, specialist retailer Flying Tiger Copenhagen continues to succeed. What makes it stand out from the field, and what’s next for the Danish brand?
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Opinion‘It's not a matter of when a cyberattack happens, but how much damage it causes’
Cybersecurity breaches can result in huge, sometimes irrecoverable, reputational damage. Without proper response and recovery plans, a company’s chance of survival is lower, warns AlixPartners’ Brian Kalms
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Opinion‘As Shein ponders IPO, is the “next Shein” already coming up the inside track?’
A Shein IPO would be testament to a retailer built at warp speed to gargantuan scale, but in current conditions investors may question how strong its prospects are as established digital giants retrench and new competitors emerge.
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AnalysisLord Wolfson poses ‘the big question’ for Next’s long-term future
Next chief executive Lord Wolfson this week asked the provocative question of whether the business should now be seen as mature or if it still has strong growth prospects. Here are the takeaways from the bellwether retailer’s full-year results
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AnalysisNew data shows Sosandar, Loaf and Beauty Pie smashed FY21 ecommerce growth
An additional ranking compiled by analysts in Retail Week’s latest report reveals the UK retailers that achieved the highest online sales growth for FY2021 – and features some surprising names