Wheeling round
Massachusetts-based transportation robotics company Superpedestrian has completed a $16.5m funding round which it says it will use to bring to market its technologies for electric-bike sharing.
Read MoreYear: 2018
M&S posts 62% slump in pre-tax profit
UK retailer Marks & Spencer (M&S) has reported a profit before tax of £66.8m for the year ended 31 March, down 62.1% on last year.
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Tesco Direct to cease trading
UK supermarket Tesco has announced that its non-food website Tesco Direct will cease trading on 9 July, and it intends to close the Fenny Lock fulfilment centre that handles Tesco Direct orders.
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Ontex using Descartes route planning software
Ontex, the supplier of disposable personal hygiene products, is using Descartes route planning software for its UK home delivery service and fleet utilization.
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DX shareholders vote for fundraising proposal
DX shareholders have voted overwhelmingly in favour of the group’s proposals to raise £4.76m of new funding and to convert existing loan notes into equity.
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M&S announces next tranche of UK stores proposed for closure
Marks & Spencer (M&S) has announced the next tranche of UK stores proposed for closure or set to close as the retailer “reshapes” its UK store estate in line with its target to take at least a third of sales online.
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UK Environment Secretary launching new Clean Air Strategy
Environment Secretary Michael Gove is launching the UK government’s new Clean Air Strategy today (22 May).
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UK’s craft and design retailers look online for growth
Over eight in ten (81%) of the UK’s SME craft and design retailers are confident that their sales will continue to increase in the next year – and online marketplaces are seen as a key sales outlet, according to a study commissioned by Royal Mail.
Read MorePost & Parcel Magazine
Post & Parcel Magazine is our print publication, released 3 times a year. Packed with original content and thought-provoking features, Post & Parcel Magazine is a must-read for those who want the inside track on the industry.