Tag Archives: Online Shopping

Amazon faces lawsuit to remove thousands of potentially deadly products

A lawsuit filed against Amazon by the US Consumer Product Safety Commission has been billed as a ‘huge step forward’ in the fight to force the online giant to accept responsibility for the removal of dangerous items being sold online. An administrative complaint has been brought against Amazon by the …

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UK retail sees best quarter on record as sales surge 13.1 per cent

Retail sales have seen a record increase over the past three months, amounting to the ‘best quarter on record’ with shoppers returning to stores in force since the easing of lockdown restrictions back in April. According to the latest BRC-KPMG retail sales monitor, total sales in June increased 13.1 per …

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OnBuy secures £35m in series A funding to fuel global expansion and hit unicorn status

The UK online marketplace, OnBuy has secured a series A+ funding of £35 million through VC and strategic technology investors, putting the firm well on the way to achieving unicorn status. OnBuy launched to the scene in 2016 with the mission of disrupting the eCommerce space and take on industry …

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UK retail profits could shrink by £8bn in next four years, says research

UK retailers could see profits fall by £8bn in the next four years, according to a new report from Alvarez & Marshal in partnership with Retail Economics, a direct result of the ‘seismic shift’ to ecommerce fuelled by the Covid-19 pandemic. In the report issued by the global services firm, …

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Amazon and Google face CMA investigation into fake and misleading online reviews

Amazon and Google are to be investigated by the competition watchdog over concerns that they have not been doing enough to combat the problem of widespread fake reviews on their websites. The Competition and Markets Authority (CMA) will look into the issue to determine whether the two online behemoths have …

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Disney confirms it’s in ‘consultation with group of UK Stores’ over closures

Disney has confirmed that it is holding consultations with an initial group of stores in the UK about their closure in its first official acknowledgement of speculation that all but its flagship London store was to shut up shop in the UK. Rumours have been circulating that Disney has been …

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BargainMax.co.uk secures HSBC funding package to fuel ‘ambitious growth plans’ over the next year

The Manchester-based online toy and games retailer, BargainMax.co.uk has secured a seven-figure funding package from HSBC UK to support its ‘ambitious growth plans’ over the coming year. BargainMax has said it will use the funding to increase its product range and stock by over 60 per cent in the next …

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Amazon reveals plans to hire 10,000 UK employees as it grows operations across Britain

The online behemoth, Amazon has revealed plans to hire some 10,000 UK employees as it looks to open more warehouses in the north and south of England. The move arrives as online shopping continues to surge amid the pandemic. The tech giant will also be looking to create a number …

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OnBuy continues expansion with new chief marketing officer

The online marketplace, OnBuy is continuing with its expansion plans with the appointment of a new chief marketing officer in the form of Aron Cody-Boutcher. In the role, he will be responsible for accelerating OnBuy’s growth. Cody-Boutcher arrives at the business with more than 20 years’ experience in translating customer …

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OnBuy appoints new CFO as ‘global expansion is well underway’

The online marketplace, OnBuy.com is continuing its hiring spree, this time with the appointment of a new chief financial officer in the form of James Watts. Watts joins the marketplace with 12 years’ experience from roles at Deloitte, WPP Group and most recently, Richmond Group, previously the parent company of Amigo Loans. Watts brings experience …

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