Industry

Segro, the UK’s largest listed property company, believes shopping habits have “changed irrevocably” during the pandemic. The warehouse and logistics giant saw the value of its UK and European warehouses…

Yesterday Reuters published an in-depth investigation into Amazon’s practices in India, a market set to be worth $1.3 trillion this year that Amazon has yet to establish a foothold in.

Amazon is facing a ban in India as “shocking revelations” about its practices exposed

Companies Industry

Amazon India Reuters

February 19, 2021

Amazon is facing a ban in India after a damning report was published laying bare “shocking revelations” about its strategy in the country. Yesterday Reuters published an in-depth investigation into…

PlayStation 5 and Xbox Series scalpers have bought an estimated 10 to 15 per cent of all consoles since launch, making millions in profits.

PS5 and Xbox scalpers have bought 10-15% of all consoles making $58m in profits

PlayStation 5 PS5 Scalpers Xbox Series

February 17, 2021

PlayStation 5 and Xbox Series scalpers have bought an estimated 10 to 15 per cent of all consoles since launch, making millions in profits. According to an in-depth analysis of…

The former Marks & Spencer chief executive told BBC radio: “Businesses are not designed to stop and start, you just cannot do that”.

Ocado chairman Stuart Rose warns retailers must stay open for good after this lockdown

lockdown Marks & Spencer Ocado Stuart Rose

February 17, 2021

ecommerce online shopping UK

Ocado’s chairman and retail veteran Stuart Rose has warned that retail must remain open for good when the UK emerges from its current lockdown. The former Marks & Spencer chief…

The UK’s ecommerce market is now the third largest in the world following record-breaking sales figures throughout 2020.

UK shoppers now spend more online than any other country

Ecommerce Industry

February 17, 2021

UK shoppers spend more money online on average than any other country in the world, helping drive ecommerce to $223 billion (£160 billion) last year. Online sales in the UK…

Amazon has launched a new two-day boot camp aimed at helping Black-owned businesses expand their online operations.

Amazon launches 2-day boot camp for Black-owned businesses

Amazon Black-owned businesses Enterprise Nation The Hatch Group

February 16, 2021

Amazon has launched a new two-day boot camp aimed at helping Black-owned businesses expand their online operations. The course, which is running from February 16 and 17 and is open…

UK retailers should prepare for a spending boom later this year as the rapid vaccine-roll our drives growing positive sentiment among shoppers.

UK retailers should prepare themselves for a spending boom

BIRA British Independent Retailers Association CACI

February 15, 2021

UK retailers should prepare for a spending boom later this year as the rapid vaccine-roll our drives growing positive sentiment among shoppers. According to new research from CACI consumers are…

Retailers have warned that this could not only actually raise taxes for physical retailers with online operations, but would also hamper independent retailers at a crucial impasse for the British economy.

Tax evasion by Amazon and Ebay sellers threatening to “run out of control” in pandemic

Ecommerce Industry

Brexit HMRC Tax Evasion VAT

February 15, 2021

Amazon tax Digital Services Tax Online Sales Tax ParcelHero

VAT tax evasion on Amazon and Ebay is threatening to “run out of control” as HM Revenue & Customs has all but abandoned inquiries into online sellers during the pandemic.…

John Lewis, Next, Halfords and Dixons Carphone could all end up paying more than they do now if a new “Amazon tax” was imposed in efforts to help the high street.

Amazon Tax could be disastrous for UK shoppers as retailers “simply pass any new tax on to the consumer”

Ecommerce Industry

February 12, 2021