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- 2024 -22 April
Ocado shareholders call for switch to New York stock market
Ocado is reportedly facing pressure from shareholders to abandon the London stock exchange in favour of the New York market,…
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22 April
TikTok Shop launches new ‘Preowned Luxury’ category
TikTok has announced the launch of the ‘Preowned Luxury’ category on TikTok Shop, which will enable the community to browse…
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17 April
Getir mulls asset sales amid restructuring talks
Grocery delivery app, Getir, is reportedly considering a number of asset sales as part of restructuring talks, according to Sky…
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12 April
Wilko launches tool and equipment rental service
Wilko has announced the launch of its new tool and equipment hire service, Wilkohire, which aims to make handling jobs…
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12 April
Amazon invests over £600m in robotics and AI in Europe
Amazon has invested more than €700m (£600m) in robotics and AI-powered technologies across Europe over the last five years.By the…
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Mar- 2024 -21 March
Alibaba records rise in SME buyers at March Expo 2024
Alibaba.com has recorded a positive rise in the number of active B2B buyers from the UK at this year’s March…
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21 March
Temu revenues double to £27bn in FY23
Temu owner PDD Holdings has reported total revenues at the discount e-retail group hit ¥247bn (£27bn) in the full year…
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18 March
Naked Wines drafts in advisors to explore refinancing options
Naked Wines has reportedly drafted in debt advisers to explore refinancing options after the group was hit by difficult trading…
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4 March
Retail records fifth consecutive month of negative sales, BDO finds
Total in-store and online sales have dropped -1.3% in February, marking the fifth consecutive month of negative sales results, according…
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Feb- 2024 -22 February
Secret Sales FY23 sales rise 85% amid European expansion
Secret Sales has achieved an 85% rise in sales during 2023, as it continued its strategic expansion, and brand and…
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