All Online retail & ecommerce articles – Page 18
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Analysis
Pets 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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News
Co-op steps up expansion of robotic grocery delivery service
The Co-op is expanding the roll-out of its autonomous grocery delivery service to Wakefield in West Yorkshire.
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Analysis
Temu: 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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Data
One 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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News
Grocery price inflation at third-highest level since 2008
Grocery prices have fallen for the second month in a row, but inflation is still at the third-highest rate since records began in 2008.
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News
Asos launches first-ever rental collection in partnership with Hirestreet
Pureplay fashion brand Asos has launched its “first-ever rental edit” in partnership with rental marketplace Hirestreet.
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Analysis
Digital-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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News
Brompton Bikes makes John Lewis its first department store retail partner
Brompton Bikes will sell online with John Lewis as it targets expansion from being a direct-to-consumer business with its first partnership with a retailer since it was founded in 1975.
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News
Nobody’s Child pop-up stores are ‘huge step’ in bricks-and-mortar strategy
Fashion retailer Nobody’s Child has announced the launch of three new pop-up stores across London this summer, as a continuation of its “significant growth into physical retail”.
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News
Sainsbury’s prepares to launch online fashion marketplace
Sainsbury’s is gearing up to launch its own online fashion marketplace as it seeks to leverage the web traffic it draws.
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News
Farfetch boss ‘extremely confident’ as it returns to sales growth
Luxury fashion platform Farfetch has attributed an increase in revenue in its first quarter to the continued success of its digital platform and the “strength and resilience” of its core business.
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Analysis
Strategy 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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Analysis
As 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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Interview
Q&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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Analysis
Are 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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News
Fanatics partners with Sky Sports to open first online retail shop
Fanatics, the pureplay sports retailer that specialises in licensed sports merchandise, has partnered with Sky Sports to open the first-of-its-kind online retail shop.
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News
Exclusive: Frozen food specialist Cook launches subscription service
Frozen food specialist Cook is set to launch a subscription service later this month, following a successful trial of the new scheme.
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News
Exclusive: OnBuy to become first marketplace to offer customers a rewards scheme
Online marketplace OnBuy is set to become the first marketplace to offer customers rewards for purchases, Retail Week can reveal.
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News
Shein unveils partnership with Queen of Raw to achieve ‘full circularity’ by 2050
Fast-fashion retailer Shein has unveiled a partnership with global circular-economy company Queen of Raw in a bid to reach “full circularity” by 2050.
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Retail Voice
The modern retail experience: why customer identity matters
Okta’s Ian Lowe explains why customer identity is crucial for improving user experience and conversion rates in the digital retail market