The Very Group operates Littlewoods and Very as digital-only, finance-centric retailers. It covers most product categories from fashion to electricals and homeware. Originally conceived as a catalogue retailer under the name Shop Direct, it stopped the presses in 2015 to focus on its online customer experience through the early adoption of personalisation and AI. Retail Week provides news, analysis, features and opinion about The Very Group and the online retail sector.
In a surprise announcement last week, the Currys board revealed that its chief executive of eight years, Alex Baldock, has decided to leave the business to take on a new external position
The Very Group has extended and renewed its key debt facilities to secure long-term funding to power the business.
New data has revealed the companies with the happiest workforces, according to participants in WorkL’s Happy at Work Test employee survey.
The Very Group has reported a “strong and resilient” festive trading period as toys, home and beauty saw the strongest sales.
Private equity firm Carlyle, which took control of Very just months ago, is looking to sell the online retailer, according to Sky News.
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