All Online retail & ecommerce articles – Page 86
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NewsZara owner Inditex reports sales above pre-pandemic levels
Fashion giant Inditex, owner of retailers including Zara, has reported strong quarterly sales growth and revenues have subsequently been ahead of pre-pandemic levels.
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NewsData: Retail sales grow at strongest rate since Covid crisis hit
Retail sales grew in May at their strongest rate since the coronavirus pandemic hit the UK last March as the reopening of hospitality venues boosted footfall and spend.
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NewsOcado loses High Court case over urban distribution centre in North London
Ocado has lost a High Court challenge over the opening of a distribution and storage centre near a primary school in North London.
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Opinion‘G7 tech tax deal won’t do much for hard-pressed retailers’
The Treasury has hailed the new G7 agreement for a minimum level of corporate tax announced on Saturday as ‘seismic’, yet it’s not as earth-shattering as it would perhaps like to suggest.
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NewsGetir triples valuation after latest $550m fundraising round
Turkish on demand delivery startup Getir has raised $550m in its latest fundraising round and tripled its valuation to $7.5bn as it reportedly eyes a stock market listing.
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AnalysisHow inclusive is your culture really? Learning from M&S, The Very Group and Superdrug
Discover how leading retailers and organisations are advancing inclusion and championing equity, and what you can do to follow in their footsteps. Be Inspired’s new report reveals all.
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InterviewInterview: Bloom & Wild’s Aron Gelbard on growing an online winner with data
The co-founder of flower delivery disruptor Bloom & Wild, Aron Gelbard, talks to Retail Week about his drive to transform the industry, replacing Google as the world’s biggest flower brand and the £22bn opportunity of expanding internationally
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NewsTesco faces £2.5bn bill after staff win equal pay dispute
Grocery giant Tesco is facing the prospect of a £2.5bn bill after the European Court of Justice backed thousands of current and former shopfloor workers in a mammoth equal pay lawsuit.
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OpinionMove of the Week: John Lewis fills gaps at the top to face post-Covid balancing act
I’ve noted before how the leadership teams that took retailers into the pandemic will not be the same as those that lead their recovery. This is especially true of retailers most disrupted by Covid-19 – specifically those whose heritage is in stores and who sell discretionary items likes homewares and fashion.
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DataData: Amazon to topple Tesco as UK’s largest retailer by 2025
Amazon will leapfrog Tesco to become the UK’s biggest retailer within the next four years, new forecasts suggest.
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NewsH&M’s online second-hand fashion store expands across Europe
Sellpy, the second-hand platform backed by fashion giant H&M, is to launch in 20 European countries.
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NewsOcado raises prospect of international retail expansion
Online grocer Ocado is weighing up retail opportunities outside its domestic market.
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Opinion‘Making second-hand mainstream starts with trust’
For years, Retail Week readers have been divided on whether concerns about sustainability really cut through to consumer purchasing decisions.
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NewsJohn Lewis makes key hires to drive transformation programme
Department store group John Lewis has made three appointments to its top team who will play crucial roles in its turnaround strategy.
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NewsPoundland expands online shopping trial to Midlands consumers
Poundland has extended its online trial to almost 2 million customers as it dials up its ecommerce ambitions.
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AnalysisAnalysis: How M&S is churning its store estate for a post-pandemic world
As thoughts turn to life after Covid, or at least as the effects are mitigated, Marks & Spencer chiefs are confident that the retailer is also in better health.
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NewsExclusive: Tesco wades into on-demand grocery war with one-hour Whoosh service
Tesco has launched a new rapid delivery service as it lays down the gauntlet to on-demand grocery rivals like Deliveroo.
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DataData: Grocery sales and basket sizes fall as lockdown impact unwinds
Take-home grocery sales and average basket sizes both fell in May as lockdown restrictions eased further and the vaccination roll-out continued.
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Opinion‘Retailers have difficult decisions to make now to future-proof their businesses’
Retailers should feel optimistic as the end of lockdown and social distancing measures loom into sight.