Category: Retail
6 Tips to Help Shop Online on Black Friday, Cyber Monday
Social media and the internet are riddled with enticing 'shopping bargains', often with price tags that seem too good to be true, especially on Black Friday and Cyber Monday. Here we offer 6 tips to help you spot the fakes... With the cost of living at an all-time high across the country, Brits are looking…
Hack Friday: Over 10 million Brits victim of online shopping scams
Over 10 million Brits have fallen victim to online shopping scams, it was revealed today, as 19 million UK shoppers prepare to embark on the biggest bargain hunts of the year. Research from cybersecurity company NordVPN can reveal that 20.7% of UK adults have been scammed while shopping online — equivalent to 10.6 million people. With Black Friday just a…
Just 1 in 7 Black Friday deals genuine, claims Which?
Only one in seven (14%) Black Friday deals offer a genuine discount, according to new Which? research which finds the vast majority of promotions are cheaper or the same price in the six months before the sales extravaganza. The consumer association analysed 214 Black Friday deals last year at seven major home and tech retailers…
Alibaba’s Singles’ Day sales for 2022 stagnate at $84B
Image: Alibaba Alibaba’s sales for Singles Day reached $84 billion, which is in line with last year’s sales, according to Tradingplatforms.com. The slowing global economy, rising inflation, and Covid-19 lockdowns have been blamed for the sales stagnation. This is the first time in Alibaba’s history that Singles' Day sales have not…
Made.com faces final curtain, Next buys IP and website
Made faces The Final Curtain Online furniture retailer Made.com has gone into administration, leading to hundreds of job losses and customers in the dark over refunds. The administrators PWC said there will be 399 job losses, most of which are redundancies announced today. 79 employees who had resigned and were working…
Online year-on-year sales down again in October, says IMRG Capgemini
October represented the nineteenth consecutive month of negative Year-on-Year (YoY) growth in online retail, where sales were down -3.4%. That’s according to the latest IMRG Capgemini Online Retail Index, which tracks online sales for 200 retailers. Month-on-month (MoM) figures recorded a positive +11.7% uptick from September, suggesting current demand trends in the lead up to…
Online furniture retailer Made.com moves closer to administration
Online furniture retailer Made.com has moved a step closer towards administration after the company's shares were suspended on Tuesday. The firm announced last week that rescue talks to find a buyer for the business had so far failed. It has stopped taking new orders and bosses have warned cash reserves could run out if further…
Made.com ‘on verge of administration’, reports claim
British online furniture retailer Made.com has suspended taking customer orders after talks to find a buyer failed, pushing the group towards administration, reports Yahoo! The company said on Tuesday that talks with potential buyers had been terminated and warned that if further funding could not be raised before its cash reserves were fully depleted it…
8 Top Tips to Save Money on Online Shopping
With the cost of living crisis putting pressure on household budgets and Black Friday just around the corner, many of us are trying to be savvier when shopping online. With a bewildering array of websites and apps all claiming to offer the best products and services at knock-down prices, we've joined forces with Which? to…
Online shoppers spent 9.5% less this August than last year
New Government figures show the number of goods we bought in August fell by -1.6% compared to July, and an eye-watering -5.4% against August 2021. ParcelHero warns online spending was hit particularly hard, due to the dramatic rise in the cost of living. Last week's Office for National Statistics (ONS) retail sales figures for August…