All Online retail & ecommerce articles – Page 56
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NewsN Brown sales dampened by poor spring weather
Fashion group N Brown has reported a fall in first-quarter sales following lacklustre early spring weather as consumer confidence remained fragile.
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NewsAsos posts quarterly profit as turnaround strategy pays off
Online fashion giant Asos has hailed a return to profitability in its third quarter as evidence that its recovery plan is delivering.
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NewsNobody’s Child embarks on US expansion with Europe and Middle East to follow
Nobody’s Child has unveiled its expansion into the US through the launch of online partnerships with fashion brands Anthropologie and Nordstrom, as its European and Middle Eastern expansion plans “are also imminent”.
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NewsMarks Electrical sales soar in record year
Marks Electrical has enjoyed a record year as savvy shoppers researched online for better prices on large appliances.
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AnalysisStrategy spotlight: How AO is pivoting to profitable growth as Frasers Group snaps up stake
As Frasers Group snaps up a 19% stake in AO, the two retailers are “looking forward to realising the significant potential” of working more closely in partnership.
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NewsTHG Ingenuity partners with PwC to drive digital growth
THG’s tech arm Ingenuity has announced a strategic alliance with international professional services brand PwC to drive digital growth and enhance online customer experience.
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NewsFormer M&S food boss joins Farmison as chief executive
Online butcher Farmison, which was rescued from administration by ex-Asda boss Andy Clarke, has appointed former Marks & Spencer and Asda executive Andy Adcock as chief executive.
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NewsFrasers Group ups stake in Asos as takeover speculation swirls
Tycoon Mike Ashley’s Frasers Group has increased its stake in fashion pureplay Asos, which has been at the centre of takeover talk.
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NewsGMB accuses Amazon of ‘dirty tricks’ as it withdraws recognition bid
The GMB union has accused Amazon of “dirty tricks” after it was “forced” to withdraw its bid for recognition.
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Opinion‘Facial recognition is everywhere in China and people seem OK with it’
Returning to China, Retail Week analyst Hanna Hua shares her experience of how technology such as facial recognition, payments and robots is transforming shopping. Can such dramatic change be expected in the UK?
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AnalysisTrendyol: What we know about the $10bn ecommerce business backed by Alibaba
Turkish fast-fashion brand Trendyol, backed by Chinese giant Alibaba, made headlines this week with news of a £1bn buyout offer for online retailer Asos. At a time when most online players are reporting falling revenues as shoppers return to the high street, Retail Week gets to know more about the new entry into the world of online retail in the UK.
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Retail VoiceFour next-gen CX lessons learned by industry leaders
Did Covid kill in-store retail? Informatica’s Tim Davies investigates how retailers can deliver a first-class customer experience post-pandemic
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NewsFarfetch announces New Guards Group leadership changes
Farfetch has announced a series of leadership changes at luxury brands platform New Guards Group (NGG), which it acquired in 2019, as NGG co-founders Davide De Giglio and Andrea Grilli confirm they will “step down from the business”.
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NewsMarks & Spencer adds more brands online in footwear push
Marks & Spencer has bolstered its online roster of third-party brands as it seeks to gain ground in the footwear category.
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InterviewQ&A: The Very Group’s Paul Hornby on integrating AI into the digital customer experience
The Very Group is in the midst of a tech transformation and by 2024 it plans to migrate most of its app and website to its new Skyscape platform which will help deliver customer experience changes “more frequently and faster than ever before”
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NewsIkea acquires software provider to speed up online orders
Ikea has bought US-based software brand Made4Net for an undisclosed sum.
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DataUK retail sales return to growth in April despite inflation
Despite pressure from inflation, UK retail sales rebounded in April, according to the ONS.
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NewsAsos refinances and seeks £75m from investors
Asos is looking to raise £75m in cash from shareholders and it has refinanced in an attempt to strengthen its balance sheet.
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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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NewsCo-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.