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Online & Digital
Fruugo revenues surge 57% to £30.7m
Online global marketplace Fruugo has seen its FY21 revenues surge 57% to £30.7m, over 220% on a two-year basis, which…
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Supermarkets
Morrisons secures McColl’s deal saving 16,000 jobs and pensions
Alliance Property Holdings Limited, part of the Morrisons Group, has secured a rescue deal for embattled retailer McColl’s that will…
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High Street
Shop owners to be forced to rent out empty premises
Shop owners in England could be forced to let out premises that have been vacant for over a year, under…
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Clothing & Shoes
Zalando revenues dip despite rise in active customers
Zalando has revealed that its revenues for the period dipped 1.5% YOY to €2.2bn (£1.8bn) as it transitioned to a…
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Supermarkets
30% of Ocado shareholders vote against £100m CEO bonus plan
Almost 30% of Ocado shareholders voted against the company’s remuneration policy that would see its chief executive Tim Steiner receive…
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Clothing & Shoes
Boohoo profits sink 94% to £7.8m
Boohoo has announced its profit before tax sunk 94% to £7.8m in 2022, compared to £124.7m in 2021, according to…
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Health & Beauty
THG boss eyes plans to grow capacity to £14bn orders a year
THG boss Matthew Moulding is reportedly eyeing up plans to increase its capacity in order to handle up to £14bn…
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People Moves
Boxpark founder to step down from CEO role
Food and retail park operator Boxpark has announced that its founder Roger Wade is to step down from his role…
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News
Marketplace misconception risks diverting business away from retailers
Nearly two-thirds (64%) of consumers expressed a desire to support independent retailers in 2022, yet 90% of them believe the…
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