Essential Retail News

Waitrose reveals plans for third online warehouse

Waitrose reveals plans for third online warehouse

Waitrose announces plans for third online distribution hub to boost number of consumer shopping slots in and around London.

Unilever joins major brands in pausing Facebook ads in US

Unilever joins major brands in pausing Facebook ads in US

Unilever pulls brand advertising in Facebook, Instagram, and Twitter news feeds in the US, as list of major companies boycotting social media ads grows.

Microsoft takes $450m hit as it closes store network

Microsoft takes $450m hit as it closes store network

Microsoft says no to physical retail, as it opts to close global store network but keep four locations as 'experience centres'.

Covid-19: Shopping centre owner Intu enters administration, putting jobs at risk across its sites

Covid-19: Shopping centre owner Intu enters administration, putting jobs at risk across its sites

Shopping centre owner Intu has entered administration, putting over 130,000 jobs of its staff and those its wider chain supports at risk.

Covid-19: eBay launches training programme for charity retailers

Covid-19: eBay launches training programme for charity retailers

eBay will help at least 500 UK charities to sell effectively online so they can offset income losses during Covid-19.

Boohoo plans to implement new incentive scheme paying out maximum £150 million

Boohoo plans to implement new incentive scheme paying out maximum £150 million

Boohoo intends to introduce a senior management incentive scheme to pay out maximum £150 million if the company’s value increases two-thirds over three years.

Covid-19: H&M unveils digitalisation plans after fall in sales during pandemic

Covid-19: H&M unveils digitalisation plans after fall in sales during pandemic

H&M sales fall by 50% as a result of store closures during Covid-19, and it plans to expand its online business to meet changing customer needs.

Tesco enjoys online sales surge that boosts group revenues in Q1

Tesco enjoys online sales surge that boosts group revenues in Q1

Tesco has enjoyed a near-50% growth in sales online in Q1 as it invests in its fulfilment capabilities to grab greater market share in the channel.

Matalan to focus on supporting digital proposition as it reports challenging year

Matalan to focus on supporting digital proposition as it reports challenging year

Matalan is accelerating strategic change around its supply chain to better serve digital channels as it reports a tough previous year of declining profitability.

N Brown reports increase in online sales amid overall revenue decline

N Brown reports increase in online sales amid overall revenue decline

N Brown reports that 85% of its product revenue came via digital channels in FY20, which has increased to 91% since March.

Covid-19: Mindful Chef selects Vonage to manage influx of new customers

Covid-19: Mindful Chef selects Vonage to manage influx of new customers

Mindful Chef adopts a cloud-based contact centre solution to handle 450% growth in new customers since Covid-19.

TikTok launches business platform

TikTok launches business platform

TikTok is launching a business marketing platform for brands to connect with customers via this social channel.

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