All Online retail & ecommerce articles – Page 97
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NewsRetail sales slump in May despite relaxed lockdown restrictions
After a record low in April, May sales figures showed little signs of improvement, registering the second-worst decline since records began in 1995.
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AnalysisAnalysis: Can coronavirus clothing crisis help Amazon’s fashion credibility?
As fashion struggles worldwide, is this Amazon’s golden opportunity to play saviour and gain market share or will its utilitarian credentials keep it from breaking through?
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NewsDigital retail sales soar to 12-year high as lockdown forces shoppers online
New data shows that online retail sales grew 32.7% year on year in May, marking the highest annual result since March 2008 as shoppers were forced online by the closure of stores due to the coronavirus pandemic.
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NewsCo-op expands robot delivery service to meet doubling demand
The Co-op has expanded its robot delivery service in and around Milton Keynes to meet increased customer demand.
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NewsGrocers urge CMA to block Amazon-Deliveroo deal
Retailers are ratcheting up the pressure on competition authorities to block Amazon’s investment in Deliveroo, just days before a final verdict on the deal is due.
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AnalysisAnalysis: Can Primark afford not to sell online?
Primark parent company ABF’s financial director John Bason told Retail Week this week that going online was still “not a priority” and Primark would be as relevant as ever to shoppers through its reopened bricks-and-mortar stores.
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NewsAngling Direct swings to loss and blames winter flooding and store acquisitions
Specialist retailer Angling Direct reported a net loss before tax for the last financial year, which it blamed on new store acquisitions and a disappointing post-Christmas trading period.
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OpinionOpinion: Covid-19 has exposed retail’s digital dawdlers
It would be no overstatement to suggest that the Covid-19 emergency has prompted one of the most seismic shifts in consumer behaviour in the last 100 years.
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AnalysisAnalysis: Will Ted Baker’s new ‘growth formula’ put it back in fashion?
After enduring a torrid 2019 marred by numerous profit warnings and seismic change at management level, Ted Baker has unveiled a new strategy designed to take the business forward. Retail Week analyses whether it will be enough to return the fashion brand to its former glories
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NewsPrimark: Online ‘not a priority’ as it prepares for stores reopening
Primark will not prioritise the creation of a transactional online business despite the rise of ecommerce during the Covid-19 pandemic.
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NewsBoohoo threatened with lawsuit over ‘sham Sales’
Online fashion powerhouse Boohoo is confronting the prospect of a $100m lawsuit in the US over claims that consumers were misled with ‘sham Sales’.
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NewsAlibaba launches influencer recruitment drive to bolster international spend
Alibaba aims to sponsor 100,000 influencers through its international online marketplace AliExpress in a bid to drive online spending.
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NewsInstagram launches digital fashion tie-up with Facebook Shops
Instagram has launched a ‘Fashion Week 2020 Playbook’ to help fashion retailers and brands create digital catwalks during the coronavirus crisis.
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NewsEve Sleep hails ‘improving trading’ patterns despite lockdown
Eve Sleep has hailed “improving trading” patterns during April and May following initial “disruption” sparked by the coronavirus crisis.
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VideoFace time: Gousto CTO Shaun Pearce on why recipe boxes will 'stick around' post-pandemic
With the recipe box market thriving amid the coronavirus pandemic, Gousto has surfaced as one of the winners, securing an extra £33m in funding. Chief technical officer Shaun Pearce talks to Retail Week about the company’s plans and how he sees demand for recipe boxes growing post-lockdown as “online grocery habits stick around”.
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NewsBoots leans on digital as it prepares to reopen beauty counters
Boots is relying on digital innovation to launch its latest No. 7 product and reopen its in-store beauty counters next month.
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NewsBoohoo snaps up remaining stake in PrettyLittleThing
Boohoo has acquired the minority 34% stake to wholly own PrettyLittleThing shortly after mounting a defence of its ownership of the brand against a short-seller attack.
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Retail VoiceHow can past trends help retailers thrive in a crisis?
Since Covid-19 forced non-essential bricks-and-mortar businesses to close their doors, the retail sector has been dramatically impacted both in the UK and around the world.
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NewsCostcutter climbs into the black as it hails ‘one of its best-ever years’
Convenience store group Costcutter has seen its profits climb into the black on the back of a surge in sales of fresh produce in what it described as “one of its best-ever years”.
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AnalysisAnalysis: Has coronavirus called a halt to Aldi’s growth?
The relentless rise of Aldi over recent years has been one of grocery retail’s enduring success stories. The value giant, like rival Lidl, ate into the market share of mainstream grocers as consumers gorged on its low prices and tightly curated range.