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ChargedRetail's articles

  1. Channel: Marketplace
Shopify reported a surprise first-quarter profit on Thursday and announced the plans to sell its logistics business, sending its shares surging about 28%. Gross profit grew 12% to $717 million… The post Shopify posts profit as it winds up its logistics arm appeared first on Latest Retail Technology News From Across The Globe – Charged.
  1. Department: Consumer Durables
Boohoo has asked suppliers for a 10% discount on delivered and undelivered clothing as the online fashion retailer aims to take costs under control. One supplier told the Times they… The post Boohoo demands 10% supplier discount appeared first on Latest Retail Technology News From Across The Globe – Charged.
  1. Technology & Innovation
Peloton shares have tumbled after the fitness tech brand reported a wider-than-expected quarterly loss and warned it expects to sign up fewer members for the year. The shares fell by… The post Peloton shares tumble after wider losses appeared first on Latest Retail Technology News From Across The Globe – Charged.
  1. International
Apple’s revenues continue to slide despite a smaller-than-expected sales decline and a strong iPhone performance in its second quarter. Apple said sales for its fiscal second quarter ended April 1… The post Apple’s iPhone sales inch up as revenue continues to slide appeared first on Latest Retail Technology News From Across The Globe – Charged.
  1. International
THG founder Matthew Moulding slammed City regulations as he shared “bitter experience” of running a company listed on the London Stock Exchange. THG share price slumped 20% following speculations that… The post THG boss blasts London Stock Exchange as company share price fluctuates appeared first on Latest Retail Technology News From Across The Globe – […]
  1. Technology & Innovation
Moss Bros has announced it will expand onto other digital marketplaces in the coming months after it posted a 63% increase in turnover. In its full-year results, the retailer reported… The post Moss Bros to expand its marketplace off the back of doubled profits appeared first on Latest Retail Technology News From Across The Globe – Charged.
  1. Corporate Finance
Online marketplace for new and used sporting goods SidelineSwap has secured investment from eBay Ventures. The news comes after the 2022 announcement of another investment in SidelineSwap by Dick’s Sporting… The post SidelineSwap secures investment from eBay Ventures appeared first on Latest Retail Technology News From Across The Globe – Charged.
  1. International
Charged Retail is to merge with our sister site, the UK’s largest B2B news website Retail Gazette. The team of journalists at Charged will join Retail Gazette, where readers will… The post Charged to join Retail Gazette as B2B media brands merge appeared first on Latest Retail Technology News From Across The Globe – Charged.
  1. Technology & Innovation
The fact that online retail stocks have slumped globally since the highs of the pandemic is no secret. Whilst lockdowns and store closures brought an ecommerce gold rush,  contrary to… The post Is online retail making a comeback? appeared first on Latest Retail Technology News From Across The Globe – Charged.
  1. Technology & Innovation
Farfetch has partnered with Reebok to operate its ecommerce operations and wholesale business in Europe. The luxury fashion platform said it has “replatformed” Reebok’s ecommerce sites in Europe. Reebok’s owner… The post Reebok taps Farfetch to operate its ecommerce platform in Europe appeared first on Latest Retail Technology News From Across The Globe – Charged.
  1. Channel: Ecommerce & Digital
Ocado Group has announced it has reached agreement with Shopify over the acquisition of 6 River Systems. 6 River Systems is a collaborative AMR (Autonomous Mobile Robot) fulfilment solutions provider… The post Ocado Group announces an agreement to acquire 6 river systems appeared first on Latest Retail Technology News From Across The Globe – Charged.
  1. Acquisitions, Divestitures & Mergers
Holland & Barrett has announced its acquisition of fitness technology startup Avie as the health and wellness retailer looks to provide customised wellness solutions. As part of the deal, Charlie… The post Holland & Barrett snaps up FitTech start-up Avie appeared first on Latest Retail Technology News From Across The Globe – Charged.