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‘Horrific, criminal conduct’: Ebay fined $4.5 million for terrorising critics

Inside Retail

The couple, Ina and David Steiner, were the victims of a harassment and intimidation campaign run by Ebay employees in August 2019. In a statement, current Ebay CEO Jamie Iannone said the conduct in 2019 was “wrong and reprehensible”. E-commerce company Ebay will pay a $4.5 Some of their articles upset Ebay executives at the time.

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14 store closures a day lead to 5,000 fewer UK shops

Retail Gazette

Although the 9,138 new openings in 2023 marked the highest rate since 2019, the majority of these were driven by hospitality sites, the research revealed. Click here to sign up to Retail Gazette‘s free daily email newsletter

Shopping 110
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M&S withholds payment to Ocado after poor performance

Retail Gazette

The pair partnered in 2019 to create Ocado Retail, a £750m venture that gave Ocado customers access to M&S Food. Click here to sign up to Retail Gazette‘s free daily email newsletter M&S is withholding a multi-million-pound payment to Ocado Group after its grocery delivery tie-up failed to meet key performance targets.

Grocer 111
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Morrisons stores chief David Lepley resigns

Retail Gazette

M&S attempted to poach Lepley in 2019 but he decided to remain at Morrisons as its operations director. Click here to sign up to Retail Gazette‘s free daily email newsletter Morrisons stores chief David Lepley has resigned from his role after eight years at the supermarket.

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HMV owner mulls The Body Shop bid

Retail Gazette

The Canadian businessman has made his mark in UK retail through his turnaround of HMV, which he rescued out of administration in 2019. Click here to sign up to Retail Gazette‘s free daily email newsletter However, The Telegraph reported that Putman has yet to table a formal offer for the collapsed cosmetics firm.

Shopping 126
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Majestic eyes 50 stores amid expansion drive

Retail Gazette

The firm has been on a opening spree as of late bringing the total number of stores it has unveiled since it was snapped up by US private equity firm Fortress in 2019 to 15. Bricks-and-mortar are a key part of the retailer’s growth strategy since it split from online retailer Naked Wines in December 2019.

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Pret ditches final Veggie stores

Retail Gazette

The chain had 10 veggie outlets at one point and had been planning to convert the majority of Eat stores it had acquired in 2019. Click here to sign up to Retail Gazette‘s free daily email newsletter

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