Inditex, which owns eight brands including Zara and Pull&Bear, will close up to 1,200 stores. Instead, the fashion giant has unveiled a digital platform while it wants to further boost its digital transformation.
Here on Ecommerce News, we sometimes write about offline stores. Huh? Yeah, offline stores. This may be pop-up stores, which seems to get more and more popular every year, or pick-up points. We call these kinds of services offline stores, as they are offline, but still have a very clear link with all the ecommerce news we write about.
Zalando has announced the expansion of its Connected Retail program to three new markets in Europe. Retailers based in Poland, Sweden and Spain will be able to connect their inventory to the online Zalando platform.
A new online platform, called #supportyourlocal, has been launched to support local business owners. The non-profit project urges consumers to buy vouchers, so that business owners who need to close their doors, can still generate some turnover.
Google has acquired Pointy, a startup that helps physical retailers with showcasing their products online. Pointy has been a partner of Google for years, for the search engine’s “See what’s in store” section that is shown on business profiles on Google search.
Bose will close all of its stores in Europe, as well as in North America, Australia and Japan. The audio brand chose for this solution after it saw a ‘dramatic shift’ to online shopping in certain regions across the globe.
Online white goods retailer Tretti is investing in physical stores across Sweden. In addition to the previously announced flagship store in Stockholm, Tretti will also open physical stores in Helsingborg, Halmstad and Umeå.
Online retailer Otto and shopping center operator ECE have formed joint venture Stocksquare to link offline and online shopping. The goal is to boost offline sales at ECE shopping centers and to expand Otto’s online assortment.
Retailers in the United Kingdom expect 30 percent of all their ecommerce work to give them back no value. Most retailers are facing some sort of ecommerce challenge. Customer retention, customer experience and measuring metrics are among the most important challenges.
Galeria Karstadt Kaufhof is cooperating with online retailers Amazon and Zalando. The German department store giant and Amazon have been partners since 2017, but this partnership is being expanded, while Galeria Karstadt Kaufhof now also adds Zalando as a partner.
The French supermarket chain Auchan will open its first cashier-less concept in Europe next month. In Villeneuve d’Asq, a commune in the Nord department in northern France, a fully automatic point of sale that can be operated via the smartphone will open its doors.
Swedish furniture and hardware store Clas Ohlson is changing its business model. The retailer becomes online only in the United Kingdom and Germany and thus shuts down all its physical stores. Well, not all, as the store in Reading will remain open.
Retailers in the United Kingdom are using artificial intelligence (AI) at a much slower pace than other industries in the country. Over half of UK retailers are still not using machine intelligence, while this share is much lower among financial services companies or manufacturers.
Amazon Go, the checkout-free stores from Amazon, will roll out in the United Kingdom. The ecommerce giant hasn’t officially announced this, but there are several reports Amazon is looking for locations across the country to roll out the innovative grocery stores.
The online branches of H&M Group are slowly surpassing the offline stores when it comes to geographical presence. Four of the total of nine H&M brands are even bigger online than they are in the physical world.
The top 10 of biggest retail companies in Austria consists solely of companies that also sell products through physical stores. The first pure play e-retailer in Austria’s retail top 100 is Amazon, which ranks eleventh.