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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Nov- 2020 -17 November
The Hut Group CEO to receive £830m shares payout
The Hut Group (THG) CEO Matthew Moulding is set to receive an £830m shares payout after the company’s share price…
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11 November
Amazon accused of breaching EU antitrust laws
Amazon has been informed by the European Commission of its preliminary view that it has breached EU antitrust rules by…
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Oct- 2020 -30 October
Amazon earnings triple in third quarter
Amazon has seen its net sales soar by 37% to $96.1bn (£74bn) in the third quarter of trading, up from…
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29 October
Ebay raises guidance as Q3 revenues soar
Ebay has announced that revenue soared by 25% to $2.6bn (£2bn) in the third quarter ended 30 September, 2020. In…
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28 October
Notonthehighstreet mulls £200m sale
Notonthehighstreet is reportedly eyeing a £200m sale after its revenues “surged” during the coronavirus pandemic, according to Sky News. The…
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26 October
Hut Group raises forecast amid ‘strong’ trading period
The Hut Group has announced that group revenue soared by 38.6% to £378.1m in the three months ended 30 September…
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22 October
Sky set to open first retail stores
Sky has announced it is launching its first ever bricks-and-mortar retail shops across the UK, in a bid to “bring…
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22 October
Gear4music full-year results to be ‘ahead of expectations’
Gear4music has revealed its full year results will likely be ahead of expectations after it experienced strong sales growth in…
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21 October
BRC launches toolkit to combat retail cyber attacks
The British Retail Consortium (BRC) has developed a new toolkit which supports business leaders in taking steps to reduce the…
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15 October
AO World H1 revenues surge 57%
Online retailer AO World has reported a 57% increase in revenues for the six month period ending 30 September 2020.…
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