All Online retail & ecommerce articles – Page 57
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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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NewsGrocery 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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NewsAsos 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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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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NewsBrompton 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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NewsNobody’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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NewsSainsbury’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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NewsFarfetch 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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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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NewsFanatics 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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NewsExclusive: 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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NewsExclusive: 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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NewsShein 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 VoiceThe 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
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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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NewsIkea opens new distribution centre to power London expansion
Ikea has opened a new customer distribution centre to speed up home delivery in London and the South East as it continues expansion in the capital.