Boohoo.com has its sights on fast expansion funded by the £300m it is raising by floating on the London Stock Exchange later this month.
Fast online growth helped drive sales at the John Lewis Partnership past the £10bn milestone, with John Lewis’ online sales alone past £1bn for the first time. Mobile and omnichannel commerce underpinned growth at both Waitrose and John Lewis, while new investment is set to be made online and in (more…)
£12m turnover pureplay the Duvet and Pillow Warehouse rebrands as Soak&Sleep today. Chloe Rigby interviews its founder and chief executive, Charlie Hunt.
The business rates system is no longer fit for purchase in a multichannel world where retail sales are moving online. That’s the message of Parliament’s Business, Innovation and Skills Committee, as it today publishes a report on the business rates system as it applies to retail businesses. The business rates (more…)
Thorntons today announced fast ecommerce growth and signalled its biggest investment in manufacturing for a quarter of a century as it posted near-50% growth in profits.
Tesco today explained how it planned to put customers first in a “seamlessly connected” omnichannel world in which shoppers are spending more online, and less in stores.
A retail partnership with a track record of innovation has unveiled its latest delivery initiative. Asos and DPD are working together to launch an early warning delivery service, which offers customers night-before notice of what time their parcel will arrive via email or text message. They can then choose between (more…)
Customers of Domino’s Pizza confirmed their preference for buying online and through mobile devices, the company’s latest financial results suggested. Online sales accounted for 61.5% of Domino’s UK deliveries after a year that saw ecommerce sales rise by 28.2% to £338.0m in the year to December 29. Almost a third (more…)
MandM Direct says shoppers using mobile devices to browse its website are more likely to buy since it launched a responsive website. The online fashion retailer says conversion rates from tablets and mobile phones are up and the bounce rate down since it built the responsive site using the Akamai (more…)
Online sales rose by 8.9% in January, compared to the same time last year, as consumers spent £650m a week over the internet, according to official figures out today. However, they were down by 3.3% compared to the December peak, the Office for National Statistics (ONS) Retail Sales, January 2014 (more…)
This week has seen news of investment in ecommerce innovation and training, highlighting the advanced skills required by an industry that deploys cutting-edge technology. Marketplace Rakuten is opening the Rakuten Institute of Technology (RIT) in Paris, and in the UK, Kiddicare founder Scott Weavers-Wright (pictured) has launched Haatch to invest (more…)
Smartphones and tablets are transforming shopping and creating a powerful new type of Super Shopper, according to a study by eBay and Deloitte. And retailers need to target these people to boost their sales in all channels, the marketplace reveals.
January online sales grew by 18% compared to the same time last year as shoppers spent £8.1bn over the internet, according to IMRG figures.
Fears that online and mobile retailing are cannibalizing – or even killing – the high street appear unfounded, with research by eBay and Deloitte across 21 leading retailers in the UK dress market and German white goods market, suggesting that for every £100 spend online, only £5 is being taken (more…)
After weeks of rain and flooding, persistent bad weather is having a marked effect on the way consumers are shopping. Stores in flood-hit areas, such as this electrical store in Oxford, are threatened with closure. But retailers are seeing an effect that goes beyond such closures. It’s being seen in (more…)
Online sales grew by almost a fifth in January as the sector turned in its strongest start-of-year performance for five years, according to British Retail Consortium (BRC) figures. Today’s KPMG-BRC Online Retail Sales Monitor found that non-food sales grew by 19.2% last month, the strongest showing since January 2009. Last (more…)
Dunelm is planning further ecommerce investment after reporting multichannel sales up by more than 50%. The homewares retailer says multichannel now accounts for 6% of sales and will continue to be a strategic focus as it aims to trade 200 stores alongside its “biggest shop window”, the online store Dunelm.com. (more…)
House of Fraser claimed second mover advantage when it first launched its website, back in 2006. But it has moved ahead of the pack to put mobile first in its site design. InternetRetailing caught up with Andy Harding, executive director, multichannel at House of Fraser, in the wake of the (more…)
Vente-Privee has reported UK turnover 22% up in 2013 compared to the previous year. The private member sales company ran 973 discount sales in the UK during the course of the year, and says this country is its biggest market for m-commerce. Some 37% of turnover and 41% of visits (more…)
AO.com is to float on the London Stock Exchange with the ambition of becoming a leading European online electrical retailer. The company aims to raise £60m through the flotation, which is expected to complete in March. According to sources quoted by the FT, the deal is expected to value the (more…)