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 Sectorโs Online & Digital section delivers expert insight into how digital transformation is redefining retail operations and competitiveness โ helping professionals stay ahead in an increasingly connected marketplace.
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Nov- 2021 -23 November
Very Group sees quarterly profits rise to ยฃ13.5m
The Very Group has revealed its pre-tax profits for the 12-week period ending 2 October 2021 increased to ยฃ13.5m, up from ยฃ8.6m the previous year. The retail group said the performance comes after group sales increased by 3.9% to ยฃ484.1m. Its flagship site, Very.co.uk, saw revenues surge 9.6% to ยฃ403.8m,…
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18 November
Naked Wines returns to profit in half-year results
Naked Wines has seen its profits before tax hit ยฃ1.3m in the first half of 2022, up from a loss of ยฃ8.9m the year prior.ย Over the period, total sales rose by 6% on a constant currency basis and 1% on a reported basis against last year, and by 82%…
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17 November
Amazon to stop accepting Visa credit cards in UK from Jan 2022
Amazon has announced that from 19 January 2022 it will no longer accept Visa credit cards as a payment method in the UK. In an email to customers, the online retail giant said that it has made the decision โdue to the high fees Visa charges for processing credit card…
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17 November
UK retailers suffer one cyberattack every 8 days
The UKโs retailing sector has experienced 44 cyberattacks in the last 12 months – roughly one every 8 days – according to new research by Keeper Security. As part of its 2021 Cybersecurity Census Report, it found that three-quarters (77%) of retailers believe that the number of cyberattacks they are…
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8 November
THG boss reveals regret over London IPO
THG founder Matthew Moulding has revealed he regrets the decision to float the company on the London Stock Exchange last year, adding that he โshould have IPOโd in Americaโ. Moulding made the comments during an interview at the GQ Heroes awards, and as reported by The Times, also said that…
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Oct- 2021 -26 October
Studio secures supply chain ahead of peak trading
Studio Retail Group has announced that sales were slightly ahead of the โexceptionalโ sales recorded last year, and 38% higher than two years ago, for the half-year ended 24 September 2021. Despite the positive trading update, the online retailer noted that it has been affected by ongoing issues with global…
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25 October
Very wins UN award for empowering women in Indian textile industry
The Very Group has won the community engagement and partnerships category at the India United Nations Women’s Empowerment Principles (WEP) Awards for its work in empowering young women in the country’s textile industry.ย The award recognises Veryโs work to establish five resource centres in southern India, which has helped to…
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15 October
September online retail sales drop by 12.5% YOY, data warns
Online retail sales fell back 12.5% year-on-year in September, according to the latest IMRG Capgemini Online Retail Index, which tracks the online sales performance of over 200 retailers. The drop was driven by poor sales in the first week of the month which typically would have fared better through the…
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13 October
THG shares plunge by a third following investor event
THG has seen its shares plummet by around a third (34.75%) following a Capital Markets Event held by the group yesterday (12 October).ย In a statement released today, the group noted the fall in the share price but states that it โknows of no notifiable reason for the material share…
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12 October
John Lewis sees online sales surge to 70% of total sales
โโJohn Lewis has revealed it has seen a surge in online sales amid the Covid-19 pandemic with consumers changing the way they shop with online sales accounting for between 60% to 70% of the retailer’s total sales, up from 40% before the pandemic. The report, Shop, Live, Look 202, which…
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