Barclays

Ocado has opened its first-ever mini-customer fulfilment centre (CFC) as it races to fix capacity issues which hampered its expansion during the pandemic.

Ocado sees shares dive 7.5% as investors raise concerns over “disappointing” expansion

February 11, 2021

Ocado has seen its share price drop nearly 7.5 per cent since it revealed its full-year results yesterday as investors slammed the “disappointing” expansion of its solutions division. Yesterday the…

Segro, the UK’s largest listed property company, believes shopping habits have “changed irrevocably” during the pandemic.

Direct-to-consumer sales worth £96bn this year as over half of shoppers cut out retail middleman

Delivery / Supply Chain Ecommerce Industry

Barclays D2C direct to consumer

December 10, 2020

Ben Stevens

Direct-to-consumer sales grew to be worth £96 billion in 2020, providing a major boost for manufacturers cutting out the middleman. According to new research from Barclays Corporate Banking, 57 per…

Online shoppers have been warned by GCHQ to “be on their guard” this Christmas after scammers swindled customers out of millions last year.

Online shoppers warned to “be on their guard” after scammers bagged £13m last year

Security

Asos Barclays BT GCHQ Microsoft National Cyber Security Centre Scam security Vodafone

December 4, 2020

Ben Stevens

No Comments

Online shoppers have been warned by GCHQ to “be on their guard” this Christmas after scammers swindled customers out of millions last year. The National Cyber Security Centre has launched…

Black Friday scams are set to cost shoppers tens of millions this week as the UK prepares for the busiest ever online holiday shopping festival.

Black Friday scams to cost average victim £735 this year

Security

Barclays Black Friday Cyber Monday Fraud Scam UK Finance

November 23, 2020

Ben Stevens

No Comments

Black Friday scams are set to cost shoppers tens of millions this week as the UK prepares for the busiest ever online holiday shopping festival. Numerous consumer groups have warned…

UK retailers are in the midst of an ecommerce hiring boom as the sharp rise in online sales during lockdown has created demand for new staff.

15% of retailers are hiring to meet online demand as COVID-19 drives “technological revolution” in retail

Ecommerce Industry

Barclays jobs research UK retail

September 3, 2020

Ben Stevens

No Comments

UK retailers are in the midst of an ecommerce hiring boom as the sharp rise in online sales during lockdown has created demand for new staff. According to new research…

Consumer spending fell 16.3 per cent in January marking its sharpest decline since May 2020, with online shopping continuing to be the only respite for retail.

Could the direct-to-consumer boom kill retail?

Industry News Social Media

Barclays direct to consumer DTC Facebook Instagram

November 20, 2019

Ben Stevens

No Comments

Social media is posing a significant threat to retailers as increasing numbers of manufacturers use online platforms to bypass them and sell directly to the consumer. Set to be worth…

To take full advantage of the opportunity Black Friday presents, retailers need to make sure they are optimising their online presence. Here are three ways brands can give themselves the best chance to success this Black Friday Cyber Monday.

Black Friday scams hit 24% of under 35s costing an average of £661

Ecommerce News Security

Barclays Black Friday Digital Skimming Fraud Scam security

November 18, 2019

Ben Stevens

No Comments

Black Friday scams are becoming more “sophisticated” with nearly a quarter of 18 to 34-year olds stating they’d fallen victim to fraud on the day. Scams aimed at exploiting “our…

Amazon’s UK corporation tax payment is “the square root of diddly-squat” according to critics, as the retailer fights legal battles across the globe.

Amazon hit by “serious” hack seeing over 100 sellers bank details changed

Ecommerce News Security

Amazon Barclays Fraud Hack Prepay

May 10, 2019

Ben Stevens

No Comments

More than 100 Amazon accounts fell victim to a “serious” hack which saw fraudsters funnel sellers’ cash into their own bank accounts over a six-month period. According to Bloomberg, the…

5G to boost UK economy £15.7bn with retail the main benefactor

Apps / Mobile Industry News

5G Barclays Ian Gilmartin Margot James

April 3, 2019

Ben Stevens

No Comments

The retail sector stands to benefit most from the introduction of 5G across the UK, which stands to contribute £15.7 billion to the country’s economy by 2025. According to Barclays…

Barclays

Ocado sees shares dive 7.5% as investors raise concerns over “disappointing” expansion

Direct-to-consumer sales worth £96bn this year as over half of shoppers cut out retail middleman

Online shoppers warned to “be on their guard” after scammers bagged £13m last year

Black Friday scams to cost average victim £735 this year

15% of retailers are hiring to meet online demand as COVID-19 drives “technological revolution” in retail

Black Friday scams hit 24% of under 35s costing an average of £661

Amazon hit by “serious” hack seeing over 100 sellers bank details changed

5G to boost UK economy £15.7bn with retail the main benefactor

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