The Very Group back on track for £4bn IPO
The Very Group is expected to be floated on the London Stock Exchange in mid-2023, after owners called off plans for a £4bn IPO last year.
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Ocado to purchase robotics start-up Myrmex for £8.1m
Ocado is purchasing materials handling robotics start-up Myrmex Inc for £8.1m ($10.2m), it announced on Monday. The online supermarket acquired a minority stake in Athens-based Myrmex in 2020 and assigned it with developing a system that automates the loading of containers carrying customer orders o...
Moonpig snaps up Buyagift for £124m
Moonpig, the online greeting card specialist, is set to acquire gifting experience firm Buyagift for £124m.
THG shares surge as bidding war looms
THG's shares soared 31% on Friday after the e-commerce group rejected a £2.1bn buyout proposal from two investment firms and attracted interest from property tycoon Nick Candy.
M&S boss slams ‘morally bankrupt’ online sales tax, saying ‘you cannot tax people back to shops’.
M&S boss Steve Rowe has slammed online sales tax proposals as 'morally bankrupt', adding that 'you cannot tax people back to shops'.
Delivery the biggest deal-breaker for two-thirds of online marketplace shoppers
Delivery is fast becoming one of the biggest deal-breakers for the ecommerce sector in the UK, with around two-thirds of UK consumers (65%) saying they wouldn't order from a marketplace if they don't offer a convenient delivery option, according to a new survey from Sendcloud.
Liberty London appoints Future Workforce for online product launches
Liberty London has tapped Future Workforce to support the roll-out of robotic process automation.
THG: property mogul Nick Candy mulls over takeover bid
Property mogul Nick Candy, who recently tabled a bid to purchase Chelsea FC, has expressed an interest in a takeover bid for ecommerce giant THG.
How Jack Dorsey’s Cash App plans to become a super app
Jack Dorsey's Cash App plans to be come a super app in order to rival PayPal as it aggressively integrates its buy now, pay later (BNPL) subsidiary Afterpay.
Jiffy switches to software: a strategic pivot or a desperate move?
Jiffy made a “major strategic pivot” to become a dedicated software company earlier this week - but is it making the right call?
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Augmented & Virtual Reality
Companies
Delivery
Instore
Mobile & Apps
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Ocado directors purchase cut-price shares
Ocado directors have recently taken the opportunity to purchase cut-price shares, increasing their personal stakes in the retail tech firm. Non-executive chair Rick Haythornthwaite bought £100,000-worth of shares, while Ocado Technology chief executive James Matthews followed suit with a purchase wo...
Gymshark profits soar by 50% to £45.4m despite pandemic effects
Gymshark have soared by almost 50%, reaching £45.4m as the sportswear company continued to prosper throughout Covid.
Shops pay 755% more in tax than online firms
As the war of words intensifies between major retailers over the possible introduction of a new online sales tax, experts say traditional retailers now pay 755%, nearly 8 times the amount more in the business rates tax, than their rival online counterparts.
Snug hosts three noughties boybands for live shopping event
Snug recently hosted its latest live shopping event called 'Snug Presents' - an exclusive gig that featured three iconic boybands, Blue, 5ive and Blazin' Squad.
The Very Group back on track for £4bn IPO
The Very Group is expected to be floated on the London Stock Exchange in mid-2023, after owners called off plans for a £4bn IPO last year.
Ocado to purchase robotics start-up Myrmex for £8.1m
Ocado is purchasing materials handling robotics start-up Myrmex Inc for £8.1m ($10.2m), it announced on Monday. The online supermarket acquired a minority stake in Athens-based Myrmex in 2020 and assigned it with developing a system that automates the loading of containers carrying customer orders o...
Moonpig snaps up Buyagift for £124m
Moonpig, the online greeting card specialist, is set to acquire gifting experience firm Buyagift for £124m.
THG shares surge as bidding war looms
THG's shares soared 31% on Friday after the e-commerce group rejected a £2.1bn buyout proposal from two investment firms and attracted interest from property tycoon Nick Candy.
M&S boss slams ‘morally bankrupt’ online sales tax, saying ‘you cannot tax people back to shops’.
M&S boss Steve Rowe has slammed online sales tax proposals as 'morally bankrupt', adding that 'you cannot tax people back to shops'.
Delivery the biggest deal-breaker for two-thirds of online marketplace shoppers
Delivery is fast becoming one of the biggest deal-breakers for the ecommerce sector in the UK, with around two-thirds of UK consumers (65%) saying they wouldn't order from a marketplace if they don't offer a convenient delivery option, according to a new survey from Sendcloud.
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Jiffy made a “major strategic pivot” to become a dedicated software company earlier this week - but is it making the right call?...
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