Online & Digital
The latest news, updates and analysis on the online and digital segment of the the UK retail industry. Sign up to the Daily Briefing and let Retail Sector’s business journalists keep you in the picture.
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Nov- 2022 -15 November
Amazon to cut 10,000 jobs as business takes hit
Amazon is reportedly set to cut up to 10,000 jobs amid a slowdown of business in recent months, The New…
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11 November
Amazon CEO launches cost-cutting review
Amazon chief executive Andy Jassy is reportedly leading a cost-review of the business while examining businesses at the company that…
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9 November
Next snaps up Made.com brand following collapse
Next has acquired the Made.com brand for £3.4m following the furniture retailer’s collapse into administration, which may see the loss…
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1 November
Made.com nears administration as shares suspended
Made.com has announced its shares have been suspended from trading on the London Stock Exchange this morning (1 November) as…
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Oct- 2022 -28 October
Amazon shares fall as group predicts sales slowdown
Amazon has seen its shares plummet by as much as 20% after it warned of a slowdown in sales for…
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27 October
Frasers takeover of MySale nears completion
Frasers Group has moved closer to completing its takeover of MySale, having received acceptance for more shares of the Australian…
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26 October
Made.com rescue talks collapse
Made.com has edged closer to collapse after rescue talks for the group fell through. Having invited a “select” number of…
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25 October
THG welcomes resilient Q3 and maintains FY guidance
THG has welcomed a “resilient” Q3 as revenues grew by 2.1% in the quarter ended 30 September, while THG Beauty…
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25 October
Very revenues top pre-pandemic levels in FY22
The digital retail operator of Very and Littlewoods, The Very Group, has revealed that its FY22 revenue has surpassed pre-pandemic…
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20 October
Naked Wines axes roles in plan to ‘pivot to profit’
Naked Wines has made around 6% of its workforce redundant as part of a raft of measures to help the…
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