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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Apr- 2021 -16 April
‘We need to do a better job for our employees’, says Bezos
Amazon founder Jeff Bezos has said that Amazon must “do a better job” for its employees in his final letter…
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15 April
AO World FY21 revenues hit £1.66bn as UK sales surge
Online retailer AO World has revealed its FY21 group revenues increased 62% to £1.66bn, thanks in part to a strong…
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15 April
The Hut Group revenues soar 42% in ‘milestone’ year
The Hut Group has announced that group revenues soared by 42% to £1.6bn in its full-year results, as the wider…
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13 April
Online sales continue ‘solid’ growth in March
Online retail sales continued to show strong growth in March, soaring 71.7% year-on-year, despite the upcoming end of lockdown and…
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12 April
Alibaba accepts $2.8bn fine for breaching Chinese competition laws
E-commerce giant Alibaba revealed it has accepted a record $2.8bn (£2bn) fine from the Chinese regulator the State Administration for…
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Mar- 2021 -30 March
Studio appoints new CEO
Studio Retail Group has announced the appointment of Paul Kendrick as its new company CEO. The group manages market leading…
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26 March
Argos to provide £500,000 to customers, amid CMA warranty findings
Argos has announced it will provide over £500,000 to customers who may have missed out on a cheaper extended warranty…
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24 March
Amazon to reduce Deliveroo stake at IPO
Amazon’s stake in Deliveroo will fall to 11.5% following the group’s IPO, according to the IPO prospectus. The fall represents…
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23 March
Faire launches UK operations
Faire, an online wholesale marketplace, has announced its launch in the UK and Netherlands. Founded in 2017, the provider of…
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18 March
Eve Sleep losses narrow by £10m in FY20
Eve Sleep has revealed that its losses were cut by 83% from £12.1m to £2m in its full-year ended 31…
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