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 -26 April
25% of young people can’t pay bills due to Buy Now Pay Later repayments
Around a quarter of young people in the UK who are making Buy Now Pay Later (BNPL) repayments haven’t been…
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20 April
M&S boosts online capacity through new warehouse
M&S has announced that work has begun on its Bradford Distribution Centre, which is set to become a second online…
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20 April
OnBuy appoints Aron Cody-Boutcher as CMO
Online marketplace OnBuy has announced the appointment of Aron Cody-Boutcher as chief marketing officer (CMO) at the group. In the…
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19 April
Studio set to welcome ‘record’ performance in FY21
Studio has provided an update on its “record” trading performance in the year to 26 March 2021 with adjusted pre-tax…
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16 April
MusicMagpie plans £208m London float
MusicMagpie, the e-commerce retail business, has announced plans for a £208m float on the London Stock Exchange. The proposed admission…
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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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