Online & Digital
Online & Digital covers the innovations, strategies and technologies driving the growth of e-commerce and digital retail across the UK. This category explores how retailers and brands are adapting to evolving consumer behaviour, omnichannel expectations and the rapid pace of technological change.
Coverage spans website performance, digital marketing, data analytics, online fulfilment, and the integration of AI and automation in customer experience. Retail Sector’s Online & Digital section delivers expert insight into how digital transformation is redefining retail operations and competitiveness — helping professionals stay ahead in an increasingly connected marketplace.
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Jul- 2024 -31 July
John Lewis launches retail media platform
John Lewis has announced a new retail media platform to help brands connect with customers shopping online. According to the group, the move will allow brands to create and manage their own campaigns via banner ads and sponsored product listings. It also offers users a clear dashboard showing exactly how…
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31 July
Vinted targets $5bn valuation with latest share sale
Online marketplace for second hand goods, Vinted, has reportedly launched a share sale that could value the business at as much as $5bn (£3.9bn), Sky News has revealed. It comes as a secondary stock offering was announced this month to investors. This would involve existing shareholders offloading part or all…
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29 July
Ocado boss plans to retain stake in M&S JV
Time Steiner, Ocado CEO, has reportedly announced that the group plans to retain its stake in Ocado Retail, its joint venture with Marks and Spencer (M&S), according to the Financial Times. In an interview with the FT Steiner said: “I don’t want to sell the other half right now, so…
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26 July
Boohoo launches new marketplace Boohoo Brands
Boohoo has announced the launch of its new marketplace, Boohoo Brands, as it aims to become “a one-stop destination for all fashion, beauty, and lifestyle needs”. The brand has already onboarded 200 labels, including accessories from Alexander McQueen, Balenciaga, Gucci and Valentino, clothing from Off White and Urban Bliss, footwear…
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26 July
Apollo acquires Evri from Advent International
Private equity firm Apollo Global Management entered into a definitive agreement yesterday (25 July) with Advent International to acquire parcel delivery company, Evri, for an undisclosed amount. Since relaunching as Evri in 2022, the company has strengthened its national network that has been purpose-built for third-party ecommerce parcels and its…
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25 July
Virgin Wines EBITDA hits £2.8m
Online wine retailer Virgin Wines UK has reported a 260% increase in EBITDA to £2.8m, with its profit-before-tax also expected to be £1.95, up from a loss of £430k, for the year ended 30 June 2024. Meanwhile, its revenue was in line with the prior year at £59m (FY23: £59m).…
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16 July
Ocado HY losses narrow to £154m
Ocado has revealed that its losses narrowed to £154m for the half year ended 2 June 2024, down from £290m in the same period last year. Overall, the company’s group revenue rose 12.6% to £1.5bn while its technology solutions arms saw an increase of 22%, its logistics arm saw a…
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9 July
Naked Wines CFO to step down after securing new credit facility
Naked Wines has announced that CFO James Crawford will be stepping down in the autumn, following the finalisation of the group’s new credit facility. According to the wine retailer, this timing is consistent with the two-to-three-year incentive arrangement agreed with Crawford when he rejoined the board as CFO in 2022,…
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9 July
Over 3,000 Amazon staff to vote over union recognition
Workers at Amazon’s Coventry warehouse are set to vote in a “historic” trade union recognition ballot which will force Amazon to recognise a union for the first time in the UK. More than 3,000 workers will take part in the ballot – if a majority of them vote yes, Amazon…
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4 July
Bezos to sell over $4bn of Amazon shares
Amazon founder Jeff Bezos is planning to sell more than $4bn (£3.2bn) of his shares in the company, as the stock hit a new record of $200.43 (£157.13) on Tuesday (2 July 2024). The news also comes after it was revealed that Bezos would sell another 25 million shares, raising…
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