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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Dec- 2020 -1 December
Sosandar sales soar in H1
Online retailer Sosandar has announced that revenue soared by 52% to £4.28m in the half-year ended 30 September 2020, up…
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Nov- 2020 -27 November
Amazon unveils £374m employee Christmas bonus scheme
Amazon has announced a new Christmas bonus for both full-time and part-time front-line employees. UK Operations employees who are employed…
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24 November
AO World revenue soars 53% in H1
AO World has reported that total revenue soared by 53.2% to £717m in the six months to 30 September. The…
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19 November
Naked Wine revenue soars 80% in H1
Naked Wines saw revenues soar by 80% to £157.1m in the half-year ended 28 September 2020. The group also reported…
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18 November
Hut Group appoints non-executive director
The Hut Group (THG) has appointed Damian Sanders as its independent non-executive director. Sanders, who until recently was a senior…
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17 November
The Hut Group CEO to receive £830m shares payout
The Hut Group (THG) CEO Matthew Moulding is set to receive an £830m shares payout after the company’s share price…
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11 November
Amazon accused of breaching EU antitrust laws
Amazon has been informed by the European Commission of its preliminary view that it has breached EU antitrust rules by…
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Oct- 2020 -30 October
Amazon earnings triple in third quarter
Amazon has seen its net sales soar by 37% to $96.1bn (£74bn) in the third quarter of trading, up from…
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29 October
Ebay raises guidance as Q3 revenues soar
Ebay has announced that revenue soared by 25% to $2.6bn (£2bn) in the third quarter ended 30 September, 2020. In…
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28 October
Notonthehighstreet mulls £200m sale
Notonthehighstreet is reportedly eyeing a £200m sale after its revenues “surged” during the coronavirus pandemic, according to Sky News. The…
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