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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Apr- 2023 -25 April
Next to launch Joules ‘much earlier than expected’ but jobs at risk
Next has warned that some jobs may be at risk ahead of Joules’ total platform (TP) launch, which is set…
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18 April
THG faces takeover bid as FY losses widen
THG has seen its operating loss more than double to £495.6m in the preliminary results for FY22, which closely follow…
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14 April
AO lifts full-year guidance after cutting costs
AO World has said it is confident its full-year profits will be at the top end of its previous guidance…
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6 April
Cambridge-based investors Mark Reed and Rich Marsden acquires Ebuyer.com
Cambridge-based investor Mark Reed and industry veteran Rich Marsden have announced the acquisition of Ebuyer.com. The technology retailer, which is…
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Mar- 2023 -30 March
Moonpig revenues remain unchanged at £320m in FY22
Moonpig has revealed that the group’s annual revenues for the financial year ending 30 April remain unchanged at roughly £320m,…
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23 March
Amazon staff set for more strikes after ‘insulting’ pay offer
Amazon workers in the UK are planning further strikes after receiving what they called an “insulting” 50p-an-hour increase in base…
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21 March
Amazon to axe a further 9,000 jobs
Amazon has plans to cut a further 9,000 jobs in the areas of cloud computing and advertising as a way…
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14 March
Virgin Wines launches business review as profits plummet
Virgin Wines has launched a full review of the business after profits tumbled to £0.1m in its half-year results, down…
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7 March
In The Style offloads business for £1.2m to avoid administration
Online fashion retailer In The Style has agreed to sell the business for just £1.2m as a way to avoid…
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3 March
Onbuy ranked as Europe’s fastest growing e-commerce business
Online marketplace OnBuy.com has been ranked as Europe’s fastest-growing e-commerce business according to the FT 1000. The annual list from…
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