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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Oct- 2024 -28 October
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…
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24 October
Very Group profits jump 17% amid ‘careful cost management’
The Very Group has revealed that its pre-exceptional operating profit jumped 17.1% to £218.3m for the year ended 29 June…
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24 October
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…
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23 October
Virgin Wines returns to profitability in FY24
Virgin Wines has reported a return to profitability in the year to 28 June 2024, as profit before tax rose…
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21 October
UK serial returners to drive £6.6bn in online returns in 2024
The retail sector is currently seeing a surge in the number of ‘serial returns’, with an estimated £6.6bn of online…
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11 October
THG raises £95m to fund Ingenuity demerger
THG has raised over £95m to fund the demerger of its Ingenuity arm, which is set to become a standalone…
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10 October
Amazon launches new AI-powered tools for shoppers and drivers
Amazon has unveiled new AI-powered initiatives for both shoppers and delivery drivers, including the launch of AI Shopping Guides, product…
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10 October
Asos completes Topshop sale
Online fashion retailer Asos has completed the sale of Topshop and Topman brands to a joint venture led by Heartland…
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8 October
Very Group owners to appoint banks ahead of potential £2.5bn sale
The owners of the Very Group, the Barclay family, have reportedly appointed banks as they eye a £2.5bn sale of…
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4 October
Watches of Switzerland acquires Hodinkee
The Watches of Switzerland Group has announced the acquisition of Hodinkee, a US digital content provider for watch enthusiasts. With…
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