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MusicMagpie rolls out smartphone rental service as circular economy comes to the device market

MusicMagpie rolls out smartphone rental service as circular economy comes to the device market

05 May 2021by Paul Skeldon
In an interesting twist on the idea of mobile ecommerce, musicMagpie has created a service where consumers can rent mobile phones from its ecommerce store
circular economydevicesGrowth 2000IndustrymediaMobileMusicmagpierentalSustainability
Boohoo sales grow 41% over lockdown as profits hit £124.7m

Boohoo sales grow 41% over lockdown as profits hit £124.7m

05 May 2021by Paul Skeldon
Fast fashion giant boohoo has seen revenues jump 41% in the year to February 2021, rising from £1.23bn to £1.74bn. The online retailer generated profits of £124.7m on the sales.
BoohooIndustry
IKEA launches Buy Back service, pre-loved labelling and ties up with Gumtree in major sustainability push

IKEA launches Buy Back service, pre-loved labelling and ties up with Gumtree in major sustainability push

05 May 2021by Paul Skeldon
IKEA’s long-awaited Buy Back service has gone live in the UK. After its original launch date was postponed owing to the second national lockdown in November, the new service encourages customers to sell back furniture that they no longer need and, in return, receive a voucher to spend at the store when they need something
GumtreeIkeaIndustryPre-lovedSustainability
Online grocery growth slows as shoppers spend £8bn in-store at UK supermarkets

Online grocery growth slows as shoppers spend £8bn in-store at UK supermarkets

05 May 2021by Paul Skeldon
As the UK’s national lockdown eased in April, consumers grew more confident with shopping in-store, with online grocery growth slowing to 25%, down from 92% last month
GroceryIndustryResilience
Not-so-fast fashion: slow websites costing leading fashion brands £1bn a year

Not-so-fast fashion: slow websites costing leading fashion brands £1bn a year

05 May 2021by Paul Skeldon
Eight of the UK’s top 10 most popular online fashion retailers have non-optimised websites that are slow to load – costing them potentially billions of pounds a year in lost revenue
fashionIndustryMobileTechnology
Amazon says its Prime membership has now topped more than 200m – and focuses on groceries and delivery as first quarter sales grow by 44%

Amazon says its Prime membership has now topped more than 200m – and focuses on groceries and delivery as first quarter sales grow by 44%

30 Apr 2021by Chloe Rigby
Amazon says more than 200m people are now paid-up members of its Amazon Prime subscription scheme. Its next Prime Day event, for members of the scheme, is now set to take place later this quarter
AnalystAnnualConsultancyCovid-19CustomerDeliveryEcommerceEuropeGroceryIndustryMarketingMarketplacesOnlineOtherPeoplePressProductProductsRetailerSubscriptionTechnologyUK
Number of empty shops continue to grow amid warnings the full impact of lockdown 3.0 – marked by a further shift online – may not yet be felt

Number of empty shops continue to grow amid warnings the full impact of lockdown 3.0 – marked by a further shift online – may not yet be felt

30 Apr 2021by Chloe Rigby
The number of empty UK shops continued to grow during lockdown 3.0 – with shopping centres particularly hard hit, according to new data. Warnings suggest the true impact of the third lockdown on store numbers may not yet be felt – at a time when sales have steadily shifted online
ClothingCovid-19DataIndustryLocationMarketplacesOnlineOtherPeopleUK
Despite doubling online sales, Sainsbury’s COVID costs see profits fall 39%

Despite doubling online sales, Sainsbury’s COVID costs see profits fall 39%

28 Apr 2021by Paul Skeldon
Despite online sales going from 8% to 17% of total grocery and with Argos digital sales up 68%, Sainsbury’s has posted a 39% drop in underlying profits for 2020/21.
ArgosHabitatIndustrySainsbury's
Shift online appears to slow as lockdown starts to ease, ONS data suggests

Shift online appears to slow as lockdown starts to ease, ONS data suggests

23 Apr 2021by Chloe Rigby
Shoppers made a slightly smaller proportion of their retail purchases online as they started to emerge from lockdown in March, the latest official figures suggest
BrandsClothingCovid-19DataDepartment StoreEcommerceIndustryMarketingOnlineOtherUK
How brand aggregator Elevate Brands is expanding quickly through buying Amazon sellers

How brand aggregator Elevate Brands is expanding quickly through buying Amazon sellers

23 Apr 2021by Chloe Rigby
This month Elevate Brands bought its 20th Amazon marketplace seller, and it’s targeting a stable of 100 by the end of next year, and a turnover of $150m this year - while it prepares to open a European office in London. It’s a fast pace of growth for a business that started life as an Amazon seller as recently as 2016
AnnualBrandsClothingCovid-19CustomerEcommerceFocusIndustryMarketingMarketplace SellerMarketplacesOnlinePeopleProductSellingUK

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