1. Technology & Innovation

THG shares hit rock bottom after largest shareholder sells half of its stake

Written by Posted on Less than 0 min read

THG’s tumultuous month continues as its share price hit an all-time low after its largest insitutional shareholder, BlackRock sold half of its stake.
BlackRock sold 58 million shares in the…

The post THG shares hit rock bottom after largest shareholder sells half of its stake appeared first on Latest Retail Technology News From Across The Globe – Charged.

View Original Article
Member since
The latest retail technology news from across the globe. https://www.chargedretail.co.uk/
Do you like ChargedRetail's articles? Follow on social!
No Comments
Leave a comment Cancel
Comments to: THG shares hit rock bottom after largest shareholder sells half of its stake

    More from ChargedRetail

    1. Corporate Strategy

    Asos shares divebomb 15% as its CEO announces surprise departure

    Asos shares have divebombed as much as 15 per cent after the online fashion giant warned of major potential profit declines moving forward. This morning Asos announced the shock departure… The post Asos shares divebomb 15% as its CEO announces surprise departure appeared first on Latest Retail Technology News From Across The Globe – Charged. […]
    < 1 min read
    0
    1. International

    Mollie: UK SMEs falling behind EU counterparts when it comes to payment options

    Payment firm Mollie’s latest study has revealed the crucial importance of offering diverse, local payment methods in order to meet customer expectations, reduce cart abandonment and increase customer loyalty. It… The post Mollie: UK SMEs falling behind EU counterparts when it comes to payment options appeared first on Latest Retail Technology News From Across The […]
    < 1 min read
    0
    1. Corporate Finance

    Klarna eyes up IPO as it quadruples its valuation

    Klarna is eyeing up an initial public offering (IPO) next year after being valued at $45.6 billion during its latest round of funding. The Swedish buy now pay later (BNPL)… The post Klarna eyes up IPO as it quadruples its valuation appeared first on Latest Retail Technology News From Across The Globe – Charged. View […]
    < 1 min read
    0
    1. Department: Nonfood

    Ecommerce sales prevented a collapse in household spend according to study

    Ecommerce sales prevented a collapse in household spend in the first quarter of 2021 according to logistics expert ParcelHero. The study by ParcelHero found that household spending fell significantly from… The post Ecommerce sales prevented a collapse in household spend according to study appeared first on Latest Retail Technology News From Across The Globe – […]
    < 1 min read
    0
    1. Shopper & Customer

    Young consumers would rather see increased digital tech on the high street than lower prices

    Around half of millennial and Gen Z want to see increased digital technology over lower prices in high street shops according to a study by Context Consulting. The report found… The post Young consumers would rather see increased digital tech on the high street than lower prices appeared first on Latest Retail Technology News From […]
    < 1 min read
    0
    1. Channel: Delivery

    Caffé Nero launches on Deliveroo

    Caffé Nero has partnered with Deliveroo, offering its menu via the delivery app from over 400 stores in as little as 30 minutes. The partnership plans to roll out at… The post Caffé Nero launches on Deliveroo appeared first on Latest Retail Technology News From Across The Globe – Charged. View Original Article International - […]
    < 1 min read
    0
    1. Channel: Ecommerce & Digital

    Amazon plans to deliver 500 million packages a year via drones

    Amazon is hoping to deliver 500 million packages a year via its drone delivery program Prime Air, leaked documents shared with Business Insider reveal. It also plans to drop packages… The post Amazon plans to deliver 500 million packages a year via drones appeared first on Latest Retail Technology News From Across The Globe – […]
    < 1 min read
    0
    1. Channel: Mass

    £2bn in sales have already been lost by supermarkets over driver, labour and commodities shortages

    Tesco, Sainsbury’s, Asda and Morrisons have already lost a whopping £2 billion in sales so far this year as the scramble to keep shelves stocked continues. According to new data… The post £2bn in sales have already been lost by supermarkets over driver, labour and commodities shortages appeared first on Latest Retail Technology News From […]
    < 1 min read
    0
    1. Channel: Ecommerce & Digital

    Victoria’s Secret launches storefront on Amazon

    Victoria’s Secret has started selling its products on Amazon, the lingerie company announced on Friday. The beauty retailer has started 120 offering products on its storefront on the ecommerce giant’s… The post Victoria’s Secret launches storefront on Amazon appeared first on Latest Retail Technology News From Across The Globe – Charged. View Original Article Amazon […]
    < 1 min read
    0
    1. Technology & Innovation

    Iceland missing 15% of its store deliveries amid HGV driver shortage

    Iceland is having to cancel 250 store deliveries a week as it struggles to manage its inventory with the national truck driver shortage. The reduction in store deliveries makes up… The post Iceland missing 15% of its store deliveries amid HGV driver shortage appeared first on Latest Retail Technology News From Across The Globe – […]
    < 1 min read
    0
    1. Technology & Innovation

    Philipp Plein has become the first major fashion brand to accept cryptocurrency

    Philipp Plein has become the first major fashion brand to begin accepting cryptocurrency as it partners with Coinify. Philipp Plein International Group, which owns the eponymous Philipp Plein fashion label… The post Philipp Plein has become the first major fashion brand to accept cryptocurrency appeared first on Latest Retail Technology News From Across The Globe […]
    < 1 min read
    0
    1. Technology & Innovation

    Meta confirms sale of Diem project for $200m

    Meta has confirmed that The Diem Association has sold its intellectual property and other assets related to its cryptocurrency to Silvergate Capital Corp, according to Bloomberg. The project, which was… The post Meta confirms sale of Diem project for $200m appeared first on Latest Retail Technology News From Across The Globe – Charged. View Original […]
    < 1 min read
    0
    1. International

    THG sees shares plummet over 20% to all time low as investors shun retailer

    The Hut Group has seen its share price plummet to record lows wiping billions off its value as the company goes ahead with plans to separate its different business arms.… The post THG sees shares plummet over 20% to all time low as investors shun retailer appeared first on Latest Retail Technology News From Across […]
    < 1 min read
    0
    1. Channel: Ecommerce & Digital

    Amazon faces PR nightmare as leaked email suggests it knew about drivers being forced to urinate in bottles

    Amazon has run into yet more controversy surrounding workers rights after a leaked memo revealed it has been aware of its drivers being forced to urinate in bottles and defecate… The post Amazon faces PR nightmare as leaked email suggests it knew about drivers being forced to urinate in bottles appeared first on Latest Retail […]
    < 1 min read
    0
    1. Channel: Ecommerce & Digital

    Selfridges ponders selling off ecommerce operation

    Selfridges has pondered selling off its ecommerce operations, according to Bloomberg. The company has considered the opportunity of a possible spin off of the ecommerce arm, which is less lucrative… The post Selfridges ponders selling off ecommerce operation appeared first on Latest Retail Technology News From Across The Globe – Charged. View Original Article Operations […]
    < 1 min read
    0
    1. International

    Walmart to allow UK merchants to join its US marketplace

    Walmart has announced a push to bring UK merchants to its flagship US marketplace of over 120 million consumers a month. Once a seller has been approved to join the… The post Walmart to allow UK merchants to join its US marketplace appeared first on Latest Retail Technology News From Across The Globe – Charged. […]
    < 1 min read
    0
    1. Department: Nonfood

    Victims of the Post Office IT scandal deserve ‘full, fair and final compensation’

    MPs have ruled that victims of the Post Office IT system scandal must be given “full, fair and final compensation”, asking the government to recover costs from Fujitsu, which made… The post Victims of the Post Office IT scandal deserve ‘full, fair and final compensation’ appeared first on Latest Retail Technology News From Across The […]
    < 1 min read
    0
    1. Corporate Finance

    Klarna boss has ‘no regrets’ over investment round which left firm 85% down in value

    The founder of Klarna, Sebastian Siemiatkowski, has claimed he ‘does not regret’ going through a recent investment round that caused the fintech giant’s value to tumble 85% to £5.46 billion.… The post Klarna boss has ‘no regrets’ over investment round which left firm 85% down in value appeared first on Latest Retail Technology News From […]
    < 1 min read
    0
    1. Channel: Ecommerce & Digital

    Amazon to work with charities to supply needy families with toiletries and clothing

    Amazon is working with a number of national charities to supply thousands of families with goods ranging from clothing to toiletries. So far, the ecommerce giant has donated around 10,000… The post Amazon to work with charities to supply needy families with toiletries and clothing appeared first on Latest Retail Technology News From Across The […]
    < 1 min read
    0
    1. International

    Nick Clegg becomes latest Meta executive to relocate to London

    Nick Clegg has followed in the footsteps of Instagram head Adam Mosseri in relocating to London. The pair have joined a growing list of top Meta executives spreading their time… The post Nick Clegg becomes latest Meta executive to relocate to London appeared first on Latest Retail Technology News From Across The Globe – Charged. […]
    < 1 min read
    0
    Next