Black Friday is a white knight November 23, 2022 Last week’s ONS statistics may have “rebounded slightly”but the outlook is still disappointing.
Brits to cough up an £100 extra on festive treats this Christmas December 5, 2023 Cash-conscious Brits are loosening their purse strings in the run-up to Christmas as they prepare to spend an extra £100 on festive food and activities.
Boohoo settles £156m court case over fake discount claims May 4, 2023 Boohoo has settled a staggering $197m (£156m) US court case in which the fast fashion giant was accused of faking discounts for customers. The pure-play online retailer, which also owns Pretty Little Thing and Nasty Gal, was accused of engaging in a “deceptive pricing scheme”, with the court filing claiming Boohoo would falsely raise the [...]
Royal Mail Black Friday strikes could spell mayhem for the whole delivery ecosystem November 3, 2022 ROYAL Mail strikes could cause mayhem for Christmas shopping, with 115,000 posties taking to the picket line at the end of this month. In an announcement late on Tuesday, the Communication Workers Union (CWU) said that it was moving ahead with four further days of strike action, including Black Friday, the largest online shopping day [...]
Shoppers set to fork out more than last year on Black Friday buys November 23, 2022 Shoppers are set to splash more cash on Black Friday purchases this year, despite cost of living pressures. Consumers will fork out seven per cent more for the shopping occasion, which falls amid a rare winter World Cup tournament, estimates from Nationwide have revealed. The building society forecast that its members would spend more than [...]
Unions protest outside Amazon’s London HQ on Cyber Monday December 2, 2019 Union members demonstrated outside Amazon’s London headquarters this morning and accused the e-commerce giant of failing to pay the correct amount of corporation tax. The GMB union estimated that the retailer should have paid £103m in corporation tax last year, but claims the company’s biggest UK arm paid £14m of tax on £2.3bn worth of [...]
Exclusive: Shopify boss banks on big Black Friday as ‘last cheat meal’ before 2023 hiatus November 16, 2022 Shopify’s European chief says that despite the cost of living crisis, Brits are still planning to spend big this Black Friday, calling it the “last cheat meal before you start a really big diet”. In new data released today, the commerce firm revealed that although inflation was hitting hard, where 78 per cent of people [...]
Retailers gear up to win battle for Christmas online shopping rush November 1, 2022 Retail giants are battling to entice cash-strapped consumers with a slew of online discounts and sales this year. Spending is expected to slip by up to half on Black Friday this year, against a backdrop of a cost of living crisis, Wunderman Thompson research has forecast. Online retailers are set to benefit from the crunch, [...]
Gymshark: Profits continue to fall despite surge in sales February 22, 2024 Profits continued to fall at Gymshark during its latest financial year despite its sales surging past £550m, newly-filed documents have revealed.
The Notebook: Victoria Scholar on the ever-changing appetites of retail investors November 23, 2023 Where the City’s big thinkers get things off their chest. Today, it’s Victoria Scholar, head of investment at Interactive Investor analysing retail investors' appetites.