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- 2022 -24 June
Zalando lowers guidance amid falling consumer confidence
Zalando has warned on its profits for the financial year FY22, with revenues now expected to grow 0%-3% to €10.4bn…
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23 June
Naked Wines returns to profit as sales hit £350m
Naked Wines has welcomed a year of “strong execution” despite ongoing headwinds, with the group’s adjusted EBIT hitting £2m in…
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22 June
Gift Universe acquires Prezzybox
Gift Universe, parent company of the gifts and gadgets retailer Menkind, has acquired Prezzybox, a brand in the gifting industry.…
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21 June
Hearing Direct launches holistic audiology service
Hearing Direct, an online authority in hearing solutions and support, has launched a new service, HDcare, in response to a…
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21 June
Ocado taps investors for £575m amid tech expansion
Ocado Group plc, the online grocery platform, is set to raise £575m of new ordinary shares of 2 pence per…
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21 June
Gear4Music profit dips in FY22
Gear4Music has reported gross profits of £41.1m in FY22, 11% below its “exceptional”, Covid boosted results in FY21, but 32%…
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20 June
Deliveroo and LloydsPharmacy add 110 stores to UK roll-out
LloydsPharmacy and Deliveroo announced that rapid deliveries of pharmacy essentials including cold and flu relief, painkillers and pregnancy tests will…
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20 June
Mattress Online recognised as fast growing firm in tech awards
Mattress Online, a leading UK online retailer of mattresses and beds, recently received two Northern Tech Awards, placing at 19th…
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20 June
Gov outlines buy now, pay later regulation
The government has announced plans to strengthen regulation of interest-free buy now pay later (BNPL) credit agreements, which will require…
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16 June
THG rejects ‘undervalued’ takeover approaches
THG has announced it has rejected all unsolicited proposals for the company deeming them to be “unacceptable” and to “significantly…
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