All the updated news related to online retailers

All the news related to online retailers updated in real time

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Business

New round of applications for the Online Retail Scheme now open

A new round of the Online Retail Scheme which supports ambitious Irish-based retailers looking to grow and improve sales online and to strengthen their ecommerce capabilities has opened for new applications. Fianna Fáil TD for Carlow Jennifer ...

05 May 2022 at 16:33

City

Online retailer THG warns over profits as sales slow

Online retailer THG has warned that profits will be lower than expected after a further slowdown in sales growth. Shares in the business slid on Tuesday morning after it said it is now due to report adjusted earnings of £70 million to £80 ...

17 Jan 2023 at 11:35

City

Boohoo profits plunge as Covid costs hit and return rates soar

Online fashion giant Boohoo has revealed that profits slumped and costs soared as it struggled to get to grips with difficulties caused by the pandemic. Bosses said pre-tax profits for the 12 months to the end of February plunged to £7.8 ...

04 May 2022 at 09:25

Business

Kilkenny retail businesses should apply for new round of funding to expand online offering – Phelan

Retail businesses across Carlow and Kilkenny should apply for a new round of funding to expand their online offering and presence to customers at home and abroad, according to Fine Gael TD John Paul Phelan. Deputy Phelan made his ...

08 May 2022 at 13:33

Retailers see strong month as customers pick home meals over restaurants

British retailers had a stronger-than-expected month in February as some diners skipped restaurant visits and got their food from the supermarket instead. The Office for National Statistics (ONS) said there was that the soaring ...

24 Mar 2023 at 09:05

Home

Number of retailers in Dundalk to receive grants to enhance online presence

Four retailers in Dundalk are among 98 retailers across the country that have been approved for funding under the Online Retail Scheme (ORS), which is administered by Enterprise Ireland. This latest call under the scheme sees ...

18 Aug 2023 at 19:33

Retail sales unexpectedly rebound in January

UK retailers recorded an unexpected rise in sales last month as online shops were boosted by demand for discounts during the January sales, according to official figures. The Office for National Statistics (ONS) said ...

17 Feb 2023 at 12:08

City

‘Side hustle tax’ to see online platforms share seller details with HMRC

Online sellers making money from second-hand goods or homeowners who let out their spare rooms are among those who could end up paying tax on their “side-hustle” earnings under a New Year tax clampdown. From January ...

02 Jan 2024 at 14:35

TikTok blocks 37 million suspicious product listings from its online shop

TikTok said it has blocked 37 million attempted product listings for its online shop, as it published its latest report into the safety of its e-commerce platform. The report, which covers July to December 2023, ...

30 Apr 2024 at 14:00

City

Naked Wines slashes growth targets and cuts spending in shake-up

Naked Wines has slashed its sales guidance for the year after a slowdown in customer demand, and launched an overhaul of its board and spending plans. The boss of the online wine retailer told shareholders that ...

20 Oct 2022 at 09:15

City

Asos reveals stock write-downs amid overhaul after losses as shoppers cut back

Online fashion firm Asos has revealed it will need to write off up to £130 million of stock as it slumped into the red and warned over further losses amid a slump in consumer spending. The group reported ...

19 Oct 2022 at 13:49

City

THG shares rise after Softbank sells stake to founder and Qatar

Shares in ecommerce firm THG lifted on Tuesday after Softbank offloaded its stake to the firm’s founder and the Qatar Investment Authority. The Manchester-based group’s stock rose by 10.2% to 50.5p in ...

18 Oct 2022 at 10:05

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