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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Aug- 2020 -3 August
Hobbycraft reports 200% increase in online sales amid lockdown
Hobbycraft has reported a 200% increase in like-for-like online sales in its FY results as it appears to have weathered the impact of the coronavirus. For the year ended 16 February 2020, the craft retailer reported an 8.9% increase in revenues to ยฃ193.6m. Adjusted EBITDA increased by 21.9% to ยฃ14.8m…
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Jul- 2020 -31 July
Amazon profits double despite Covid-19 impact
Amazon has reported a massive surge in profits for the second quarter of the year as it revealed that net income doubled from $2.6bn (ยฃ1.9bn) to $5.2bn (ยฃ3.9bn), despite the impact of Covid-19. It comes after it reported that net sales increased by 40% to $88.9bn (ยฃ67.6bn) in the second…
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24 July
Naked Wines chairman to step down
Naked Wines chairman, John Walden, has announced he will step down from the position. Walden has informed the board of his intention to step down as chairman of the group and leave the board after the Annual General Meeting (AGM) on 6 August due to โpersonal reasonsโ. Walden said: โIt…
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23 July
Sales break expectations at Eve Sleep
Eve Sleep has announced that group revenue was โaheadโ of expectations at ยฃ12.2m for the half-year period ended 30 June 2020.ย While this marked a decline from the ยฃ12.9m reported the year prior, the retailer noted that the second quarter of the year saw sales surge by 25%.ย In addition,…
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22 July
Tapestry CEO resigns after company launches investigation
Tapestry, the parent company of Coach, Kate Spade and Stuart Weitzman, has announced its chairman and CEO Jide Zeitlin, has resigned from the company and its board of directors due to โpersonal reasonsโ. However, sources told The Wall Street Journal that Zeitlin resigned from the company after the board launched…
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15 July
Asos reports 10% sales rise during lockdown
Online fashion retailer Asos has reported a 10% increase in group sales to ยฃ1.01bn amid the Covid-19 pandemic and has said it is on โtrackโ to deliver โstrong profit growthโ across its financial year. In the four months to 30 June, sales growth was driven by its international retail sales,…
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14 July
AO World reports ‘strong demandโ as revenues rise
AO World said it has experienced โstrong demandโ during the coronavirus pandemic, reporting a 20.3% increase in revenues to ยฃ901.6m, compared with ยฃ79.3m in 2019. However, revenues from its Europe arm decreased by 4.6% to โฌ165.4m (ยฃ149.70m) during the year ended 31 March 2020, compared with โฌ173.3m (ยฃ156.85m) in the…
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10 July
Online retail sales continue to boom despite reopenings
Even as the high street came out of hibernation last month, Juneโs online retail sales spiked to a 12-year high of +33.9% YoY, according to IMRG Capgeminiโs Online Retail Index. It revealed that last monthโs acceleration in online sales was underpinned by the โcontinued successโ of almost every category. Electrical…
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9 July
OnBuy preps for global expansion
OnBuy has announced it will launch globally this summer, after securing a ยฃ5m investment. It comes as the online marketplace said it has seen โrecord salesโ increase by 1100% in the past year, and now expects to be turning over ยฃ2bn in sales by 2024. The retailer said it will…
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6 July
NCA confirms probe into Boohoo working conditions
The National Crime Agency has confirmed it is investigating fashion retailer Boohoo following allegations of poor working conditions in a Leicester warehouse.ย An NCA spokesman told Retail Sector: “Within the last few days NCA officers, along with Leicestershire Police and other partner agencies, attended a number of business premises in…
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