All Online retail & ecommerce articles – Page 96
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DataLeague table: The UK’s busiest retail websites – Christmas 2020
Marketplace giants Amazon and eBay dominated the battle to attract online shoppers over the crucial Christmas trading period, new data has revealed.
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NewsLatest fundraising round values Deliveroo at more than £5bn
Deliveroo’s valuation has shot up to more than $7bn (£5.11bn) ahead of a long-awaited float, following another successful fundraising round over the weekend.
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NewsUK economy shrinks in November, ending six consecutive months of growth
The UK economy shrank in November as coronavirus restrictions on consumers and businesses reduced economic activity.
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NewsSell online? Not likely, insists Primark finance chief
As sales were decimated and shoppers flocked online during lockdown, many might think Primark would reconsider whether to trade online – far from it.
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NewsTesco Christmas sales climb boosted by online
Tesco has recorded a strong uplift in sales over the festive period as boss Ken Murphy says the grocer “delivered a record Christmas across all of our formats and channels”.
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NewsOnline sales growth hits 13-year high on back of strong December
Online sales growth reached its highest level in more than a decade last year as the Covid-19 pandemic spurred a shift in shopping habits.
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NewsAsos Christmas sales beat expectations after ‘exceptional’ UK growth
Online fashion giant Asos expects profits to come in at the top end of expectations after a strong Christmas sales performance, particularly in the UK market.
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Opinion
'Retailers should prepare now for a year of two halves'
Short-term agility remains essential, particularly as retail weathers the current storm. But this lockdown period is also the perfect time to prepare long-term strategies for growth, in order to benefit during the second half of the year.
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NewsThe Hut Group boss aims to double beauty brands in acquisition drive
The Hut Group chief executive Matt Moulding has said we would like to double the number of beauty brands the business owns in the next two years.
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AnalysisIPO rush – which retailers will whet investor appetite?
After a tumultuous year for the industry, some retailers are setting their sights on new horizons with plans to float on the stock market.
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NewsJohn Lewis switches off click and collect at ‘critical point’ of Covid crisis
John Lewis will stop offering click and collect from its stores in a bid to reduce non-essential travel by customers.
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NewsThe Hut Group and Very post record surges in Christmas sales
The Hut Group has reported Christmas sales growth ahead of previous forecasts and upped its full-year expectations, while The Very Group reported its “best ever Christmas trading period”.
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NewsMoonpig eyes float after strong lockdown trading
Moonpig’s mooted £1bn float on the London Stock Exchange is set for liftoff after the pureplay announced its intention to publish a registration document today.
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NewsKingfisher expects profits at top end of range after strong fourth quarter
Home and DIY giant Kingfisher has said it expects full-year profits to be at the top end of its £667m to £742m estimate, following continued strong trading in its fourth quarter.
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AnalysisStrategic report: Five winning pricing strategies for 2021
With consumers still tightening their purse strings, this year could prove to be a rocky road for retailers who don’t have the right pricing strategy. Read Retail Week’s new report to find out how AI could optimise pricing and drive loyalty.
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NewsData: Coronavirus restrictions lead to record low retail spend in 2020
The effects of the coronavirus pandemic and associated restrictions on the retail sector have been laid bare, with customer spending across the year down to record lows.
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Opinion‘Investors must separate wheat from chaff as etailers race to market’
The acceleration of online retail sales during the pandemic has brought a race to market as ecommerce players rush to pull off IPOs.
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NewsStudio reports ‘outstanding’ Christmas as customers turn to value
Studio Retail has recorded an “outstanding” golden quarter after customer numbers soared.
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AnalysisAnalysis: How retail fared during the most unpredictable Christmas in history
In what has been one of the most unpredictable Christmases ever, retail has still found some reasons to celebrate. Retail Week explores what a Covid Christmas looked like.
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AnalysisDeep dive: The great retail reset – should retail prepare for the roaring ’20s?
How we live, work and shop has changed. 2021 is the year the retail industry will fundamentally change, too.