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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Feb- 2022 -17 February
Shopify sees soaring revenues but warns of slowed growth in FY22
Shopify has announced that Q4 revenue in 2021 soared by 41% to $1.4bn (£1bn) against 2020, but has warned that…
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17 February
Hotter FY22 revenues rise to £51.9m
The Unbound Group has reported a 16% increase in revenues for its subsidiary, Hotter Shoes (Hotter), in the financial year…
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15 February
January sees lowest rate of online retail growth ever recorded
January saw the lowest rate of online retail growth ever documented in 22 years of tracking at -24.4% Year-on-Year (YoY),…
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15 February
MySale revenues dip amid inventory challenges
International online retailer MySale has announced that revenues fell by 6% to A$59.7m (£31.5m) in the six-month period to 31…
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14 February
Studio Retail to appoint administrators amid failure to acquire £25m loan
Studio Retail, the digital value retailer, has announced its intention to appoint administrators to SRG and Studio Retail Limited, its…
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14 February
Pricer names acting CEO
Pricer, the retail technology company which specialises in electronic shelf labels, has appointed Magnus Larsson as its acting CEO. Magnus…
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10 February
CMA designates Amazon as a grocery retailer to ‘protect suppliers’
The Competition and Markets Authority (CMA) has designated Amazon under the Groceries Market Investigation Order, meaning the company and its…
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9 February
Very expands beauty and self-care ranges by 94%
The Very Group has expanded its range of beauty and self-care brands on Very.co.uk by 94% since the start of…
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8 February
Ocado FY21 losses widen amid labour shortages and robotics roll-out
The Ocado Group has reported a loss before tax of £176.9m for the 52 weeks ending 28 November 2021 (FY21),…
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7 February
MusicMagpie expands service amid subscription economy boom
MusicMagpie has announced that it has expanded its rental subscription service to offer new product categories that include tablets, games…
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