Retail gazette logo Thursday, 8 December 2016
Today: 10028 articles, 65 jobs
Ikea make plans to nearly quadruple online sales by 2020
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Ikea have announced a huge shift in their business model, aiming to nearly quadruple online sales by 2020. Chief executive of the world’s biggest furniture retailer Peter Agnefjall told the Financial Times that he plans to raise the £1.19 billion in online sales to £4.27 billion and shift the retailers focus to digital retail. Sales for the company rose by 7.1 per cent in the year to August and net profit increased by 20 per cent to £3.58 billion, the fastest rate in ten years. However, the retailer ha... read more...
W1siziisijiwmtyvmtivmdgvmdgvmjavmzivnjgvvhdpdhrlcibpy2fkbyaomikuanbnil0swyjwiiwidgh1bwiilcixotb4mtmwiyjdxq Ocado posts strong growth for 2016
Online grocery retailer Ocado has released its fourth quarter results reporting a 13.1 per cent rise in gross sales. In the 16 weeks to November 27 average orders per week rise by 17.6 per cent to 241,000 from 201...
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W1siziisijiwmtyvmtivmdgvmdgvmdivndmvndc2l3dhcmvob3vzzs5qcgcixsxbinailcj0ahvtyiisije5mhgxmzajil1d Arcadia staff set to stage walk out in wage protest
Staff at Arcadia’s Spectrum distribution centre will stage a walkout today and Monday in an attempt to raise their pay to the Real Living Wage. On Wednesday staff at the Spectrum warehouse, a division of DHL Logis...
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