Amazon

Amazon partners with Unilever and Kimberly-Clark to help families experiencing poverty

Amazon has teamed up with Unilever and Kimberly-Clark to deliver over 100,000 hygiene products to families experiencing poverty across the UK. From today (23 May) until 16 June, for every two purchases on Amazon.co.uk from a selection of over 500 personal hygiene products, Unilever and Kimberly-Clark will donate a third…

Read More »

The hidden power of retail partnerships

In the retail landscape, collaboration has emerged as a strategic cornerstone for success. From co-branded product launches to joint marketing campaigns and shared retail spaces, partnerships are not just a trend but a transformative force driving innovation and growth.  In the UK, retailers are harnessing the power of collaboration to…

Read More »

Today’s news in brief-8/5/24

Boohoo posted widened losses of £159.9m for the full year due to challenging market conditions and a strategic focus on profitability. Despite a 17% decline in revenues, the group saw improvements in core brand performance and growth within the Debenhams marketplace. Boohoo remains committed to leveraging efficiencies and driving profitability…

Read More »

Amazon to create over 2000 jobs with new Northampton warehouse

Amazon has announced plans to build a new multi-million pound warehouse at the SEGRO Logistics Park Northampton, resulting in more than 2000 jobs. The Amazon Robotics fulfilment centre, near junction 15 of the M1, will be taking customer orders from 2026. At its launch, the development will create 1,400 new jobs…

Read More »

Amazon Q1 net sales jump 13% to $143.3bn

Amazon has revealed that its net sales rose 13% to $143.3bn (£114.7bn), up from $127.4bn (£102bn), for the three months ended 31 March. This figure excludes the $0.2bn (£0.16bn) “unfavourable impact” of year-on-year foreign exchange rate changes. The company’s sales in the North America segment increased 12% year-on-year to $86.3bn…

Read More »

Today’s news in brief-23/4/24

UK’s grocery regulator is closely monitoring Tesco’s imposition of online supplier fees akin to Amazon. The Grocery Code Adjudicator initiated assurance processes after Tesco’s move to charge extra for online sales last year. Tesco claims rising online operation costs prompted the fee, starting at 12p per branded item and 5p…

Read More »

Grocery regulator to monitor Tesco over fees for online suppliers

The UK’s supermarket regulator is reportedly keeping a close eye on Tesco since it imposed a fulfilment fee for online suppliers that is similar to Amazon, according to the Times. The Grocery Code Adjudicator has been monitoring the supermarket chain and put in place “assurance” processes after it stated last…

Read More »

Asos losses widen to £120m in H1 as sales fall 18%

Asos has seen its losses deepen to £120m in the first half of the year, a 32.6% increase compared to the same period last year, as sales fell by 18% to £1.5bn over the period.  The dip in sales was attributed to planned discounting to clear old stock, a move…

Read More »

Today’s news in brief-12/4/24

Levi’s has welcomed Gianluca Flore, a seasoned executive from Burberry, as its new chief commercial officer effective 29 July . With over 20 years of experience in luxury apparel, Flore will oversee global commercial operations, reporting directly to Levi’s CEO Michelle Gass. His track record in brand expansion and profitability…

Read More »

Amazon invests over £600m in robotics and AI in Europe

Amazon has invested more than €700m (£600m) in robotics and AI-powered technologies across Europe over the last five years.By the end of 2024, the company’s European Operations Innovations Lab in Vercelli, Northern Italy, will have been responsible for the installation of over 1,000 pieces of new technology throughout Amazon’s European…

Read More »