Big Tech to incur over $10bn charges from job culls and cost cuts
Amazon, Meta, Microsoft an Alphabet will all incur more than $10 billion in charges related to mass...
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JD Sports cyber attack: why online retail is vulnerable and what can be done?
On Monday, fashion giant JD Sports was targeted in a shocking cyber attack that may have exposed the...
Co-op taps PayPal to give shoppers additional payment choice
Co-op and PayPal have partnered up to give shoppers extended choice when it comes to paying at check...
Amazon profits slump $300m as it looks to slash costs
Amazon has posted better-than-expected revenue at $149.2 billion, despite its profits slumping to $3...
Amazon CEO: Company still struggling for success with supermarkets
Amazon CEO Andy Jassy has admitted that the US retail giant still hasn’t nailed down a successful mo...
Royal Mail workers gear up for first postal strike of 2023
Postal workers have announced their first strike of the year after Royal Mail began forcing through...
Meta shares pop off the back of resilient revenue and $40bn in buybacks
Meta has reported fourth-quarter revenues of $32.2 billion, a 4% increase year-on-year, prompting sh...
PayPal slashes 2,000 jobs
PayPal is slashing approximately 7% of its workforce which works out at around 2,000 employees as it...
“Robots could surpass workers at Amazon by 2030”
The number of robots ‘working’ at Amazon is drastically increasing, according to Ark Invest’s Cathie...
JD Sports to invest in omnichannel as it moves ‘beyond physical retail’
JD Sports is enhancing its omnichannel offering as part of a wider five-year strategy to build upon...
Amazon appoints grocery veterans as Fresh operation releases brakes
Amazon has appointed two grocery veterans to help ease the brakes off its Fresh operation in the UK....
Peloton’s ‘epic comeback’ underway as stock enjoys best day on record
Peloton has reported improved cash flow and a smaller net loss in its fourth quarter, prompting CEO...
Very expands value range amid cost-of-living crisis
Very has announced it is launching another 1,000 products into its ‘Everyday’ value range to help cu...
Asos appoints Maersk as strategic global logistics provider
Asos has announced that Danish shipping firm Maersk will take over as its strategic logistics partne...
Getir appoints new UK chief to replace US-bound boss
Getir’s UK chief Kristof Van Beveren has departed the company’s UK division to lead its US operation...
CMA looking into Farfetch deal for stake in Net-a-Porter
The UK’s Competition and Markets Authority (CMA) is looking into whether Richemont’s deal to offload...
JJ Van Oosten leaves his role at Kingfisher
Kingfisher chief customer and digital officer JJ Van Oosten has left his role at retailer group King...
ChatGPT: How an AI chatbot could change the face of online retail
Concerns are rapidly growing over the capabilities of OpenAI’s chatbot, ChatGPT, which can answer qu...
Watch: The future of ecommerce in the metaverse?
The future of ecommerce in the metaverse may lie in ‘portals,’ as a clip from TikTok account SunkenB...
Asos increases minimum spend for Premier members
Online clothing retailer Asos has upped the minimum spend required for Premier members to receive fr...