The German hypermarket chain Kaufland has decided to stop its online grocery service in Germany, just one year after it launched the online shopping initiative. There are concerns about the costs of the operation and the lack of potential for future profitability.
Ah, the online store! That’s what it’s all about in the ecommerce industry, right? In this category you’ll find articles about several online stores throughout Europe. It could be an article about an online store has been launched or about online stores in general in a certain country. So check out this category if you’re specifically interested in online stores.
Ecommerce is getting more and more popular in Ukraine. In June, about 13.6 million internet users visited online stores in the Eastern European country, which is 1.3 million more than in the same period last year. And these are the most popular ecommerce websites in Ukraine.
Sporting goods retailer Intersport is far behind the online competition, with ecommerce accounting for just one percent of its total turnover. The new CEO, Victor Duran, wants to change this by offering more attractive online stores.
The famous Swedish furniture retailer Ikea has plans to sell its products on websites of third-party retailers. The surprising move follows after Ikea has been targeting more online customers. The home furnishing retailer didn’t comment on which platforms could be used for selling the Klippan sofa and Billy bookcase.
Next year, it will be possible to follow a training course in Germany in order to become an online retailer. The Otto Group, with companies such as Baur, Bonprix and Otto, is behind the initiative that should lead to more professional German online retailers in the coming years.
H&M is launching a new retail brand, called Arket, which features both Arket’s own products and non-H&M brands. The Arket products are priced slightly higher than that of the core H&M brand. Arket stores will be opened in London, Brussels, Copenhagen and Munich, while online stores of the brand will launch in 18 European countries.
Zalando, Amazon and Otto together account for 18 percent of the 40 billion euros online shoe and apparel market in Western Europe. For now, Otto Group is the market leader, with Zalando just behind, but Amazon could be the number one soon. The American company is ramping up its fashion activities in Europe.