The world’s largest retailer, Walmart, has announced plans to buy e-commerce site and Amazon rival Jet.com for over £2.3 billion. The start-up, founded two years ago, has been lauded as a potential “Amazon-killer”. Chief executive Marc Lore will join Walmart to head up both divisions’ e-commerce operations which are in need...
Supermarket chain Morrisons and online supermarket Ocado have come to a new arrangement that will see the supermarket deliver to more areas in Britain, as well as reducing the fees Morrisons has to pay the online grocer. Figures show that shares increased for both companys, with Morrisons rising 1.5% at 190.9p...
It has been revealed that online fashion retailer Boohoo has seen its shares grow significantly following reports that sales in America are storming and hopes that the weak pound will help boost exports even more. Nearly at record highs, figures show that the company’s stock has grown 19% in two weeks,...
Plastic bag charge has raised £29 million for charities The plastic bag levy has raised £29 million for charities across the UK since its inception, with £10 million of that coming from retailers according to a new report. Since the charge was introduced in October 2015, plastic bag use across...
UK retail sales rebounded in July, according to new figures from the British Retail Consortium, as figures showed a leap in spending driven by promotions and good weather. The referendum coupled with bad weather in June sent figures downhill, but the sunnier weather and timely promotions from retailers saw spending...
Danish fashion brand Pieces has begun a collaboration with London-based creative agency Dalziel & Pow to launch a new concept of more experience-led stores. The agency previously worked with Jigsaw to create the company’s “most luxurious statement to date” in St James’ Street, London, the design is partly based on the...
Debenhams has announced that it will open a new store in Fosse Shopping Park near Leicester as part of a £150 million extension to the shopping centre, as it looks to take a main unit at the planned Castle Acres development. It has been revealed however that the 12.5 acre development...
It has been revealed that online retailer Amazon has launched a fleet of 40 branded Boeing cargo planes to gain full control of its delivery process. Revealed on Friday, the “Prime Air” cargo plane was introduced at the Seafair Air Show in Seattle as it looks to increase demand for products...
Topshop has just revealed Urban Outfitter's Corinne Suchy as their new global digital director. Suchy, who has been with the Arcadia Group-owned fashion retailer since July, was poached from Urban Outfitters, where she had been executive director for global ecommerce since 2013. She will take over the role vacated by Kate Walmsley,...
It has been confirmed that the new development in Leeds, Victoria Gate and anchor tenant John Lewis will be opening its doors to the public on 20th October, becoming part of the new 575,000 sq ft Victoria Estate shopping district and Victoria Quarter arcades. With 74% already pre-let, brands include Russell...
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