Amazon
This coverage examines Amazon’s operations, strategy, and influence within the UK retail market. Reporting highlights e-commerce growth, logistics and fulfilment, technology initiatives, financial results, product innovation, and leadership decisions. Focused on commercial impact and competitive dynamics, it offers insights for retail professionals navigating digital transformation and multi-channel competition.
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Nov- 2024 -19 NovemberNews-In-Brief
Today’s news in brief-19/11/24
Morrisons has achieved a significant reduction in its debt, cutting it by £2.4bn as part of a major restructuring. Since the start of 2023, the supermarket’s debt has dropped from £6.2bn to £3.8bn, supported by a £370m ground rent deal with Song Capital. The restructuring extended Term Loan Facilities to…
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19 NovemberEconomy
Retailers warn National Insurance increase could cause job losses
A number of large retailers have warned that the National Insurance increase could cause inflation and job losses, in a letter sent to chancellor Rachel Reeves. Over 70 businesses including Tesco, Sainsbury’s, Next, Amazon, and Boots have written to Reeves, in a letter organised by the British Retail Consortium. The…
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18 NovemberFeatures
Digital shelf analysis: The secret weapon for brands this golden quarter
In Britain, 67% of consumers plan to spend the same or more than last year during the 2024 golden quarter1 so brands will need to pull out all the stops to get their slice of the pie, particularly when it comes to sales and marketing strategies. With huge retail events…
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4 NovemberFeatures
The future of contactless technologies in retail
With contactless checkouts and touchless transactions rapidly reshaping how people shop, retailers are seeking to harness technology to improve convenience, safety, and efficiency for both consumers and employees. The retail landscape is already saturated with innovations like mobile payment systems, QR code-based payments, and self-checkout kiosks. However, what else lies…
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1 NovemberNews-In-Brief
Today’s news in brief-1/11/24
Boohoo has appointed Debenhams CEO Dan Finley as its new chief executive, rejecting calls from Frasers Group owner Mike Ashley to assume the role. Finley, who has led Debenhams for two years and previously spent a decade at JD Sports, is praised by Boohoo’s board for his digital retail expertise…
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1 NovemberOnline & Digital
Amazon Q3 beats expectations as net income hits $15bn
Amazon has revealed it has beaten its Q3 expectations as its revenues surged 11% to $158.9bn (£123.3bn), beating analyst predictions of $157.2bn (£121.9bn), while its net income hit $15.3bn (£11.9bn), up from $9.9bn (£7.7bn) last year. It comes as the retail giant noted that North America segment sales increased 9%…
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Oct- 2024 -28 OctoberNews-In-Brief
Today’s news in brief-28/10/24
Mike Ashley, founder of Frasers Group, has indicated readiness to step into the CEO role at Boohoo to initiate a turnaround strategy, following Frasers’ acquisition of a 27% stake in the fast fashion retailer. He criticised Boohoo’s management and recent refinancing, which he termed unsatisfactory for shareholders. Boohoo’s refinancing agreement…
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28 OctoberOnline & Digital
Amazon grocery boss to step down
Amazon grocery boss Tony Hoggett has revealed that he is set to step down from his position at the company to “pursue the next chapter of his career”. Hoggett joined Amazon back in 2022 as senior vice president of worldwide grocery stores. Previous to this he was Tesco group chief…
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24 OctoberNews-In-Brief
Today’s news in brief-24/10/24
Frasers Group is pressuring Boohoo to appoint its founder Mike Ashley as CEO, criticising the current leadership’s handling of the business. In an open letter, Frasers, which holds a 27% stake in Boohoo, described the company’s recent performance as “abysmal,” following a 15% revenue decline to £620m for the six…
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24 OctoberOnline & Digital
Amazon expands same-day delivery to 80 towns and cities
Amazon has announced the expansion of its same-day delivery service to 80 towns and cities, with Aberdeen, Middlesbrough, and Plymouth the most recent additions. Same-day is Amazon’s fastest delivery speed, allowing Prime members to shop millions of products and receive their order conveniently at home, or at a pickup location…
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