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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Jul- 2022 -4 July
Amazon launches first UK fleet of e-cargo bikes
Amazon has announced the launch of its first fleet of e-cargo bikes and walkers in the UK, creating a new micromobility hub for sustainable deliveries in Central London, directly replacing thousands of traditional van trips on London’s roads and reducing traffic congestion. Working with the London Borough of Hackney, Amazon…
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4 July
World’s first community-owned e-commerce platform launches
WeShop, a new service that claims to be the world’s first community-owned e-commerce platform, has launched as the “first shoppable social network” that allows customers to purchase everyday items whilst owning a stake in the platform. The UK tech firm has pledged to give away shares in the company every…
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Jun- 2022 -30 June
Unbound unveils 14 partner brands for platform launch
The Unbound Group has announced the launch of its multi-brand platform to offer a “broader” range of new partner brands and complementary own-brand products, starting from 28 July 2022 through to October 2022. The group is initially launching its partner brand offering within apparel and specialist footwear categories. Unbound will…
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27 June
Wayfair launches in Ireland
Home furnishing e-tailer Wayfair has announced that it has launched in Ireland, offering its wide range of products from reportedly 4,000 suppliers to Irish shoppers. The website is reportedly packed with helpful tech features such as “lists” and “View In Room”, which is available on its iOS and Android app.…
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24 June
Spar launches new partnership with Deliveroo
Spar UK has announced its new partnership deal with Deliveroo, covering all 2,160 Spar stores in England, Scotland and Wales. This new partnership will “provide shoppers with more choice and access to essential items from Spar stores nationwide, delivered to their door by Deliveroo in as little as 20 minutes”.…
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24 June
Zalando lowers guidance amid falling consumer confidence
Zalando has warned on its profits for the financial year FY22, with revenues now expected to grow 0%-3% to €10.4bn (£8.9bn) – €10.7bn (£9.1bn), as macroeconomic conditions have further deteriorated. Zalando said it no longer assumes a rebound of consumer confidence in the short-term, following a further fall in the…
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23 June
Naked Wines returns to profit as sales hit £350m
Naked Wines has welcomed a year of “strong execution” despite ongoing headwinds, with the group’s adjusted EBIT hitting £2m in FY22, up from a loss of £1.5m the prior year, as the group benefited from returning customers. Total sales were up by 5% YoY to £350.3m, while on a two-year…
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22 June
Gift Universe acquires Prezzybox
Gift Universe, parent company of the gifts and gadgets retailer Menkind, has acquired Prezzybox, a brand in the gifting industry. The acquisition, for an undisclosed sum, will enable the company to extend its reach into the female gifting market alongside Menkind’s male focused proposition. It follows on from the recent…
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21 June
Hearing Direct launches holistic audiology service
Hearing Direct, an online authority in hearing solutions and support, has launched a new service, HDcare, in response to a surge in demand for digital audiology services. HDcare is a comprehensive service that combines “digital tools and services with real audiology expertise to give complete care to people with hearing…
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21 June
Ocado taps investors for £575m amid tech expansion
Ocado Group plc, the online grocery platform, is set to raise £575m of new ordinary shares of 2 pence per share from its investors in a bid to support its technology rollout and further its positions in its existing and new products and markets. The proceeds are expected to give…
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