All Online retail & ecommerce articles – Page 61
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NewsH&M unveils first pre-loved store in US to drive sustainability
H&M has unveiled its first-ever pre-loved shopping experience for customers in the US, as it continues its sustainability efforts.
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NewsVirgin Wines profits wiped as Christmas trading impacted by operational issues
Virgin Wines profits and sales dropped in the first half, as the cost-of-living crisis exacerbated what the chief executive called “certain internal and operational challenges” over Christmas.
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NewsTesco suppliers to be charged extra fee for selling products online
Tesco has told its suppliers they will have to pay a new fulfilment fee when selling the grocer’s products online.
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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
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NewsMango profits surge and turnover reaches record high
Mango has posted a strong full-year performance for 2022, as profits surged and turnover reached a record high for the fashion retailer.
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NewsMusic Magpie CEO focused on ‘buying, selling and renting more’ to improve profits
Music Magpie founder and chief executive Steve Oliver has said the company is focusing on “buying more, selling more and renting more” after reporting expected, albeit lacklustre, full-year results.
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AnalysisStrategy spotlight: Can Boots win on the health and beauty battleground?
UK pharmacy and beauty chain Boots is being squeezed from all sides of the beauty battleground and this week’s opening of trendy global beauty retailer Sephora’s first UK store will apply extra pressure.
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DataOnline sales show no signs of improvement as decline deepens
Online UK retail sales recorded another decline in revenue in February as sales fell month on month.
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NewsZalando sales and profits slow against ‘challenging economic backdrop’
Online fashion giant Zalando has said it will focus on growing its profitability this year after sales slowed against a “challenging economic backdrop” in 2022.
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NewsTHG launches buy now, pay later scheme
THG has launched a new buy now, pay later scheme in partnership with Newpay, a digital credit account.
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DataRanking: Meet the 30 UK retailers forecast to dominate ecommerce
A new report draws on exclusive Retail Week analyst data to rank the country’s most successful ecommerce retailers by FY2022 predicted online sales. Discover who they are, how they’re winning and the strategies to follow their lead
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Opinion‘From automation to home working, Sainsbury’s changes highlight forces shaping retail’
Sainsbury’s disclosure this week of a raft of business changes affecting its Argos general merchandise division, and putting at risk 1,400 jobs, crystallised some big retail themes of the moment.
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NewsCrew Clothing launches digital partnership with Marks & Spencer
Crew Clothing has launched a new digital partnership with Marks & Spencer, joining its ‘Brands at M&S’ platform.
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NewsRetailers welcome new Northern Ireland deal on Brexit
Retailers including Marks & Spencer chair Archie Norman and Sainsbury’s chief executive Simon Roberts have welcomed prime minister Rishi Sunak’s new deal to revise the Northern Ireland Protocol.
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NewsAO rebound due to ‘emphasis on profitability and generating cash’
AO.com has credited its recent successes to changing its strategy to focus on profitability as well as maintaining a quality service that meets customers’ needs.
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AnalysisAs Ocado banks on international tech success, is this as good as it gets at home?
After Ocado swung to a £500m annual loss, any momentum it built up over the last few years has all but vanished.
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NewsOcado swings to loss after challenging year
Online retailer Ocado swung to a loss and reported a fall in its retail revenue for FY2022 as the cost-of-living crisis created a “challenging year”.
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NewsTikTok overtakes Instagram and Facebook as UK’s most shopped social channel
TikTok has become the UK’s most shopped social media channel and has outpaced Instagram and Facebook.
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AnalysisCan Shein maintain its upward trajectory and succeed where others have failed?
As Shein predicts its annual revenue will more than double to reach almost $60bn (£49.8bn) by 2025, and forecasts it will overtake the combined annual sales of both Inditex and H&M, it is clear the retailer is making waves within the fashion industry.
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NewsZalando to cut hundreds of jobs as tough economic conditions bite
Zalando is to axe several hundred roles as it confronts a challenging environment as “pandemic tailwinds fade”.