All Online retail & ecommerce articles – Page 38
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News
Very sales rise at Christmas as toy and beauty categories do well
Pureplay retailer The Very Group has reported a lift in sales in the run up to Christmas, with strong demand for toys and beauty products in particular.
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News
Asos sales slip over Christmas in ‘challenging’ conditions
Online fashion giant Asos has posted a fall in sales over the festive period but said it is making progress on its turnaround.
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News
Exclusive: Marks & Spencer reshapes top digital team for next growth phase
Marks & Spencer co-chief executive Katie Bickerstaffe has “reset” her team to build on omnichannel momentum and create a more compelling customer ecosystem, Retail Week can reveal.
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News
Sosandar sales soar as every product category grows in record quarter
Sosandar has recorded a surge in sales across every product category on its website and through third-party collaborators, including John Lewis, Next and Very, in a record quarter for the company.
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News
Sofa-in-a-box brand Snug bought by ScS
ScS has snapped up digital-first sofa-in-a-box brand Snug for £875,000.
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News
Amazon UK warehouse network overhaul puts 1,200 jobs at risk
Amazon intends to shut three of its UK warehouses, affecting 1,200 jobs.
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Card Factory ups profit guidance as trading beats expectations
Card Factory expects annual profits to come in ahead of guidance, helped by a strong Christmas.
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News
AO.com and Marks Electrical improve golden-quarter profit expectations
AO.com and Marks Electrical have both revealed rising profitability following golden-quarter trading.
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News
December sales rise as Christmas brings some cheer for retailers
UK retail sales rose in December 2022 but the uptick masked a drop in volumes due to inflation running at historically high levels, the latest BRC-KPMG Retail Sales Monitor has found.
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Retail Voice
Three lessons to learn from beauty brands’ success in China
The beauty sector is soaring to new levels of brand engagement in China, but what is the key formula to success and how can UK retailers emulate it? Alibaba’s Kristina Hui investigates.
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News
Seasalt enjoys record Christmas store trading but warns of online challenges
Cornish fashion brand Seasalt hailed record in-store trading over Christmas but warned online sales would continue to be challenging in 2023 due to macroeconomic conditions.
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Opinion
‘As Amazon falters, now is the moment for omnichannel retailers to excel’
As the tech giant wobbles and footfall recovers, smart multichannel retailers have a genuine opportunity to ‘do what Amazon does not’, writes Lisa Byfield-Green
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Analysis
Analysis: Next’s Lord Wolfson – caution in 2023 but ‘light at end of tunnel’ for retailers
A profit upgrade but reduced expectations for the year ahead – what to make of Next’s Christmas update? Chief executive Lord Wolfson unpicks the trading messages
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News
Trouva acquired by personal shopping platform Re:store
Trouva, the online marketplace for independent brands, has been bought by Cambridge-based digital personal shopping platform Re:store for an undisclosed sum.
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News
Amazon to cut 18,000 jobs across its business as tech giants suffer
Online giant Amazon is to axe approximately 18,000 jobs – about 6% of its workforce.
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News
The Perfume Shop hails ‘best ever’ Christmas with record number of bottles sold
The Perfume Shop has hailed the resilience of perfume as a gifting category after it sold a record number of bottles over the Christmas trading period.
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Analysis
Buys, boardroom exits and botched IPOs: retail’s biggest stories of 2022
From accounting scandals to crushing collapses, the thrills and spills of retail have provided plenty to talk about this year. As 2023 dawns, here’s our pick of the biggest eyebrow-raising stories from the industry in 2022
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News
Asos shareholders urged to rebel at AGM next month
Troubled online fashion giant Asos faces the prospect of a shareholder rebellion at next month’s AGM.
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News
Fashion marketplace Atterley collapses into administration
Scottish online fashion retailer Atterley.com is in the process of appointing administrators, it has emerged.
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News
Retailers hope late shopping surge will provide Christmas trading miracle
Retailers remain hopeful that a late shopping surge will help save Christmas trading, despite the cost-of-living crisis and the added complications of rolling strike action.