The RXUK range of research presents an independent and unbiased review of the performance of the continents' best ecommerce and multichannel retailers. Seven reports are published every year with a comprehensive ranking and analysis against six key performance dimensions, providing an accurate benchmarking tool to help you stay ahead of competition.
The parent company of B&Q and Screwfix said it had fast tracked plans to put its stores at the centre of its ecommerce business after trade bounced back online from the coronavirus pandemic. Online sales grew by 164% during the first half of its financial year to account for 19% of group sales, while overall sales dipped slightly but pre-tax profits grew by 62%
Superdry today pointed to ecommerce and social media growth in full-year results in which it also wrote down the value of its stores and reported revenues down by 19% and a bottom-line loss of £166.9m. It says social distancing in store and investment in brand and digital infrastructure are all likely to mean shoppers continue to shift their purchases online
New Look chief executive Nigel Oddy this week said that the retailer still believes in the future of the store within an omnichannel context following its landlords and creditors’ acceptance of a new company voluntary arrangement (CVA) that enables it to bring its store rents in line with turnover
Ocado today suggested that shoppers are continuing to buy more online following the Covid-19 lockdown as it reported retail revenues up by more than 50% in the third quarter of its financial year. It said demand for M&S products was particularly strong ahead of its joint venture partner’s food range going live on September 1 – triggering its strongest ever forward forward order day.