Fashion retailer Boohoo Group has paid £55m to acquire the brand of Debenhams - the deal includes the brand name, in-house brands, intellectual property and customer lists. The agreement will eventually result in the closure of Debenhams' 118 remaining stores as no physical retail locations were part of the agreement.
Debenhams are expected to relaunch on Boohoo's web platform early...
Almost instantaneously, the retail landscape changed dramatically towards the end of March 2020. Retailers had to adapt and to do so, they made rapid decisions with short-term mindsets in order to adjust through the following few months when it was anticipated the pandemic would be over. But with the benefit of hindsight, many retailers may wish they had reacted...
365Retail talks to Ramil Khantimirov, CEO and co-founder of StormWall to discuss the dangers of cyber attacks and how you can protect your e-commerce website.
How often do online stores fall victim to cyber-attacks? What information are the attackers interested in?
E-commerce is traditionally one of the most attacked industries because hackers can benefit from it directly.
The main beneficiaries of DDoS...
Locker delivery brand InPost has announced the roll out of digital receipts across its UK locker network, to make dropping off parcels at lockers even easier for its customers.
Replacing traditional paper-based receipts, the new technology means that customers using its lockers to make returns or send parcels can receive proof of postage directly to their smartphone.
All they need to...
Figures from deal sharing website, hotukdeals, have revealed that discounts, offers and sales rose by 16% in 2020, as lockdown restrictions pushed retailers to slash prices and drove shoppers online.
Deals shared across October, November and December increased by 11% compared to 2019, as Brits rushed to get the best bargains in-store and online during shopping events such as Black...
Johnson Controls, the global leader for smart and sustainable buildings and the architect of OpenBlue connected solutions,today announced that Sensormatic Solutions, its leading global retail solutions portfolio, launched Sensormatic IQ.
This intelligent operating platform for retail, backed by Sensormatic Solutions industry expertise and robust technology partner ecosystem, delivers tangible value across the enterprise.
Focus on Innovation
The open, secure and agile platform...
It was a year unlike any other unlike any other – and retail was no different. Even the Golden Quarter – the peak sales period between Black Friday and the New Year, usually relied on for pulling even struggling retailers through another year – was transformed by the pandemic.
Early data is already beginning to highlight just how hard the...
Clothing companies are increasingly turning to smarter ways of operating and manufacturing in a bid to keep up with changing consumer habits, says GlobalData, a leading data and analytics company.
Michelle Russell, Apparel Correspondent for GlobalData, says: “Fashion brands and their supply chains have been shaken to their core this year, with the COVID-19 pandemic presenting an untold number of...
British premium low-alcohol spirits startup, CleanCo, has secured £7 million in funding as investors and consumers reveal an insatiable thirst for hangover-free drinking. The latest investment takes the total now raised by the business to £9.1million.
The UK producer innovating within the “nolo” (no- or low- alcohol) category received the cash injection from existing and new gold-stamped investors including Ursula...
Online fashion retailer Boohoo today reported surging sales during the recent Covid-19 pandemic. Sales which had been expected to increase by 29% actually came in at 40% as shoppers flocked online to get their lockdown fashion fix.
Boohoo has also increased its forecasts for 2021. The fast-fashion retailer said sales would jump 28-32%, it now predicts 36-38%.
The company has also...