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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Jun- 2018 -5 June
Quiz defies high street blues with 30% growth
Fashion retailer Quiz has bucked a calamitous high street trend in the first half of 2018, announcing revenue growth of 30% from the previous financial year. Physical store sales grew by 12% and online sales by 158% compared with last year. The company also saw pre-tax profit rise slightly from…
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4 June
Amazon faces legal action over alleged ‘bogus’ self-employment
GMB, the trade union for ‘gig economy’ workers, has announced plans to bring legal action against three of Amazon’s delivery companies over what it calls “bogus” self-employment. The action, announced today (4 June) at GMB’s 101st annual congress in Brighton, is on behalf of people working as couriers and delivering…
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4 June
Retailers to be forced to report suspicious purchases to MI5
The new Home Secretary Sajid Javid has announced a policy that will see retailers forced to report suspicious sales such as large amounts of chemicals along with vehicle hire. Javid said that he is aiming to remove “safe spaces” for potential terrorists, with the government to make firms report suspicious…
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1 June
BHS.com to shut down just two years after relaunch
Online fashion retailer BHS.com has announced it will be shutting down its site following a review by its Qatari based owners Al Mana. The group purchased the retail giant’s brand and worldwide IP in 2016 after the company collapsed, and launched the site later that year in September. The announcement…
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1 June
ASA wants Viagogo adverts blocked as it battles with ticket vendor
The Advertising Standards Authority (ASA) has told search engines including Google and Bing to block all adverts by secondary ticket retailer Viagogo. The move comes after the ASA said Viagogo promised on 23 March 2018 to “make compulsory fees sufficiently clear by 26 May 2018”. The ticket retailer appears to…
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May- 2018 -31 May
Ocado enters FTSE 100, M&S narrowly avoids relegation
Ascendant online supermarket delivery service, Ocado, has secured a position in the FTSE 100, while Marks and Spencer narrowly avoided being dropped. Ocado’s share price has roughly trebled over the last 12 months, in a strong performance which boosted the group onto the list of the UK’s top 100 companies…
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31 May
40% of independent Amazon shareholders oppose Bezos ‘being his own boss’
Over a quarter of Amazon shareholders have voted in favour of a resolution filed by SumOfUs calling on the company to separate Jeff Bezos joint roles of CEO and chair of the board. At an annual general meeting shareholders argued that “Bezos shouldn’t be his own boss”. Due to the…
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30 May
Average online order value rises for 14th consecutive month
The average order value for online purchases has increased for 14 months in a row, according to new data. Figures from the IMRG MetaPack UK Delivery Index showed UK shoppers fuelled most of the increase, with the value for each month increasing compared with the same month the previous year.…
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30 May
Women paid ‘significantly’ less in ecommerce roles, research reveals
Men in the ecommerce industry are earning 26% more than women, according to new research. The findings from ecommerce and digital recruitment agency, Cranberry Panda, has revealed that the average salary for men per annum sits at £60,606, while women earn an average of £46,564. A survey was conducted with…
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23 May
500 Tesco jobs face the axe amid online ‘refocusing’
Tesco has announced plans to close its Tesco Direct website putting 500 jobs at risk. Tesco Direct’s headquarters and Milton Keynes distribution centre are to close on 9 July after the supermarket giant said the site was a “small, loss-making part of the business” that had “no route to profitability”.…
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