#Tech Wholesale marketplace Faire has launched a new Showroom experience, which it says offers the independent retailers it serves a new way to identify and buy from leading clothing and footwear brands. Faire says that the new curated experience w...
Friday, August 12, 2022
EDITORIAL From Superdrug to Faire: putting marketplaces in context; plus ChannelX World
#Tech Marketplaces are a key theme of today’s InternetRetailing newsletter. We’re reporting first on the size and significance of marketplaces to the UK economy. Research from Shieldpay and the Centre for Economics and Business Research puts UK bus...
Thursday, August 11, 2022
UK shoppers set to halve their Christmas spending this year: study
#Tech UK shoppers are planning to halve their Christmas spending this year, and will target Black Friday bargains, one new study suggests. Another finds that more than half will change the way they buy this year festive season, largely a result of ...
Saturday, July 30, 2022
EDITORIAL CMA investigates green claims, Amazon sales slow – and retailers open more stores
#Tech In today’s InternetRetailing newsletter we’re reporting as online retailers report slowing or falling sales – and new figures suggest that retailers are opening more shops. We also report as the CMA investigates green claims in fashion, with ...
Amazon reports slowing second quarter sales growth and a net loss – and continues focus on productivity in the face of inflation
#Tech Amazon has reported slowing sales growth and a net loss after a second quarter in which it continued to use technology to innovate and automate in areas from virtual and in-store technology, to robotics in its warehouses and autonomous delive...
CMA launches investigation into green claims from online fashion retailers Asos, Boohoo and George at Asda
#Tech The UK’s Competition and Markets Authority (CMA) has launched an investigation into whether sustainable claims from three online retailers amount to little more than greenwashing. Its initial investigation is focused on Asos, Boohoo and Geor...
Falling empty store numbers point to post-Covid recovery – but rising cost-of-living may slow retailers’ store openings: BRC/LDC
#Tech The number of empty shops in UK high streets and shopping centres has fallen for the third quarter in a row, new figures suggest. This, says the BRC and Local Data Company, points to a post-Covid recovery. Retail parks continue to have the lo...
Hammerson hails in-store recovery as sales and footfall in shopping centres’ stores pick up
#Tech Retail property developer and operator Hammerson says its business is now recovering from the pandemic-driven downturn as shoppers return to spend in-store. The company says most of the new leases it signs are now with non-fashion retailers. ...
Virgin Wines reports falling turnover and profits but says customers are staying loyal after Covid-19
#Tech Virgin Wines says customers have stayed loyal beyond the Covid-19 lockdowns in which its business grew strongly. Its turnover and profits both fell, however, compared to the previous year. The retailer suggests, nonetheless, that it’s seeing ...
Friday, December 10, 2021
Online sales fell by a fifth in November, the sharpest decline on record: IMRG
#Tech Fewer sales took place online this November than last, as ecommerce sees record decline. Image: Adobe Stock Online retail sales fell by a record 19.8% in November, new figures suggest. The fall – which compares with the shift online in l...
Wednesday, December 8, 2021
UK retail sales set to be 38% online by 2026: study
#Tech Shoppers are now making more of their purchases online than pre-pandemic. Image: Adobe Stock UK shoppers will do ever more of their shopping online in coming years, with the figure rising to 38% by 2026, a new report suggests. Some 32%...
Monday, December 6, 2021
Marks & Spencer launches ‘world first’ new data science and AI academy as it unlocks potential millions in value from data
#Tech M&S is now using data in areas from buying products to store operations. Image courtesy of M&S Marks & Spencer says its new data science and AI academy marks a retail world-first – and will take it to the next level in harnessing the pow...
Asda trials mobile technology to help blind and partially sighted shoppers navigate the store
#Tech Asda is using smartphone technology to improve accessibility. Image courtesy of Asda Asda is putting mobile technology to work to make it easier for blind and partially sighted shoppers to navigate its Stevenage branch. Asda says it is...
Friday, December 3, 2021
PEAK 2021 Amazon Black Friday trading – and the Omicron effect
#Tech More shoppers are using mobile to buy online. Image: Fotolia We report on how shoppers are buying – and retailers selling – in the run up to Christmas. Amazon reports record breaking UK Black Friday weekend sales Amazon says that its UK ...
Digital-first Wickes raises full-year profit forecasts
#Tech Digital-first retailer Wickes today raised its full-year profit forecast thanks to strong supplier relationships that it says have helped it maintain "excellent value" in an inflationary environment, and an agile business model. The home...
New accessible-first online marketplace EnableAll set to launch next year
#Tech The marketplace is set to be designed around accessibility. Image: Fotolia Accessibility will be at the core of a new online marketplace when it launches next year. EnableAll will take an accessible-first approach, designed around the ne...
Visits to shops fall in November: BRC
#Tech Fewer people visited shops last month in the run up to peak trading when compared to both the previous month and the same month in pre-pandemic 2019, the latest figures suggest. UK footfall during the month was two percentage points (pp)...
Tuesday, November 30, 2021
Topps Tiles reports strongest year yet as shoppers shifted online during lockdown store closures
#Tech Topps Tiles retail customers turned online when stores closed in lockdown. Image: Screenshot of Toppstiles.co.uk Topps Tiles has reported a record-breaking year – despite stores being closed to the public and only open to trade customers...
Asda sees online grocery demand dip as shoppers return in-store
#Tech Online grocery sales have fallen as shoppers return in-store – but remain 80% higher than before the pandemic. Image courtesy of Asda Asda says online grocery demand has dipped as more shoppers have returned to buy in-store. The supermar...
Retailers and property owners agree net zero protocol for retail buildings
#Tech Retailers and property owners have agreed a protocol showing how they will reduce carbon emissions from their buildings, as part of the British Retail Consortium’s (BRC) Climate Action Roadmap. The new Retailer/Landlord Net Zero Building...