
The Hut Group continue to invest in online retailing.
20 April 2010 : Industry News
If you wanted evidence that retail and e-commerce is still a boom market sector then here it is. Britain's fastest growing Tech company, The Hut Group, today started a new chapter in its 5 year history by announcing a £14 million investment.
The Hut Group is an online retailing platform focused on fast moving consumer goods including Entertainment (Games, DVDs, CDs, Books), Electricals, Health & Beauty, Footwear, Gifting, Accessories, Toys, Underwear & Sports.
The Hut Group retails online through its own sites, including TheHut.com and Zavvi.com, plus it delivers online retail solutions for blue-chip retail partners such as ASDA, Woolworths, Argos, Tesco and WHSmith.
The Hut Group has grown turnover more than 150% each year since inception and is on course to deliver another strong performance again in 2010. The Group’s high growth was recognised in 2009 when it was ranked no.1 in the Sunday Times Tech Track 100 of the UK’s fastest growing companies.
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