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- 2021 -9 February
Notonthehighstreet acquired by US investment firm
Notonthehighstreet has been acquired by Great Hill Partners, an American investment firm. The online gift retailer was founded in 2006…
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8 February
Retail sales fall 10% in January
Total like-for-like retail sales declined by 10% in January as both the national lockdown and impact of Covid-19 affected shops…
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8 February
Boohoo snaps up remaining Arcadia brands
Boohoo has confirmed that it has acquired the remaining brands from fallen retail empire Arcadia, in a move that will…
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8 February
Amazon’s tax to turnover ratio dropped to 0.37% in 2020
Amazon saw its tax to turnover ratio fall to 0.37% last year, despite sales rising by more than 51% in…
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5 February
ManoMano doubles sales volume to over £1bn
ManoMano, an online DIY marketplace, saw its global business volume climb to £1.05bn last year, with its UK sales tripling…
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5 February
Amazon launches 1,000 apprenticeships across UK
Amazon has announced it is set to create 1,000 apprenticeship roles in the UK this year, as it continues to…
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3 February
OnBuy January sales surge 800%
OnBuy.com, an online retail marketplace, has reported an 800% year-on-year growth in sales for the month of January. The surge…
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3 February
Jeff Bezos to step down as Amazon CEO
Amazon has announced that founder Jeff Bezos will step down from his role as CEO in Q3, and instead transition…
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2 February
Moonpig valued at £1.2bn amid market debut
Moonpig has entered the London Stock Exchange with a market capitalisation of £1.2bn, following the successful pricing of its initial…
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2 February
Pentland Brands signs up 1,200 retailers for online service
Pentland Brands, the owner of brands such as Mitre and Speedo, has announced it has signed up over 1,200 retailers…
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