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.

Aug- 2023 -

8 August

Cynera Rodricks

Frasers ups stake in Asos to nearly 17%

Mike Ashley’s Frasers Group has announced that it has once again upped its stake in Asos to nearly 17%. The news comes after the group upped its stake in the online retail company to over 10% in June. Additionally, Frasers also acquired 7.8% stake in Boohoo last month. Prior to…
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4 August

Liam J Moran

Apple revenues drop 1% to $81.8bn in Q3

Apple has announced that its revenues dropped 1% year-on-year to $81.8bn (£64.4bn) for the third quarter ended 1 July 2023. Furthermore, the company’s gross margin was $36.4bn (£28.6bn) up from $35.9bn (£28.3bn) in the same period last year. The Americas represented Apple’s largest market with net sales of $35.4bn (£27.9bn)…
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4 August

Heather Sandlin

Amazon sales and profits climb in Q2

Amazon has welcomed a strong second quarter of trading, with sales rising by 11% to $134.4bn (£105.8bn) in the period, up from $121.2bn (£95.4bn) the prior year, amid a record-breaking Prime Day and cost cuts across the business. North America sales rose by 11% to $82.5bn (£64.9bn), international sales by…
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Jul- 2023 -

27 July

Lewis Catchpole

Amazon offers to change Marketplace rules to address CMA concerns

Amazon has offered to change the way it treats third-party sellers using its Marketplace platform in the UK, by submitting proposed commitments to the Competition and Markets Authority (CMA) in response to competition concerns it raised with the technology giant. The CMA said it considers that these commitments – if…
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27 July

Cynera Rodricks

THG snaps up City A.M.

THG has announced the acquisition of London’s 18-year-old business newspaper, City A.M. The news comes after it was revealed that City AM was on the brink of administration and THG was reportedly in advanced talks with the newspaper to acquire it through a pre-pack administration. Matthew Moulding, THG chief executive…
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26 July

Cynera Rodricks

THG in talks to buy City A.M.

Online beauty retailer THG is reportedly in advanced talks with London business newspaper, City A.M. to acquire it through a pre-pack administration, according to Sky News. The news comes after it was revealed that City A.M. is on the brink of administration after failed attempts to find a buyer in…
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18 July

Liam J Moran

Ocado restates FY23 guidance despite increased losses

Ocado has restated that it has full confidence in its FY23 guidance despite posting losses of £289.5m for the half year ended 28 May 2023. The main reasons for these losses are put down to £192.5m worth of depreciation of assets and amortisation plus £77.2m worth of exceptional items. These…
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17 July

Heather Sandlin

Virgin Wines FY trading meets forecast

Virgin Wines has reported that full-year revenues are expected to be £59m, and profits of “no less than £0.5m” for the year ended 30 June 2023, with trading in line with expectations. It comes as the group said it continued to execute its “disciplined strategic approach” to customer acquisition, which…
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14 July

Cynera Rodricks

Nisa expands delivery service with Just Eat partnership

Nisa has partnered with Just Eat to launch an on-demand online delivery partnership, increasing access “to quick convenience shopping in communities throughout the UK”. According to Nisa, through the tie-up, its shoppers will be able to order items from local Nisa participating stores “for speedy delivery in as little as…
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13 July

Cynera Rodricks

MusicMagpie sees EBITDA rise 7.7% in H1

MusicMagpie has reported adjusted EBITDA of £2.8m, up 7.7% in H1 2023 compared with £2.6m in H1 2022, according to its interim results for the six months ended 31 May 2023. It also stated that following a challenging start to H1, with postal strikes and low consumer confidence impacting December…
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