Of all Polish internet users, 24 percent do their grocery shopping online. This number indicates a growing popularity among Polish shoppers as two years ago only 8 percent of the internet users declared they had some experience with online grocery shopping. Last year this number grew to 13 percent.
Partly as a result of lawmakers wanting to create a single online retail infrastructure and regulation, cross-border ecommerce is thriving in Europe. As a matter of fact, more than a quarter of online shoppers in the European Union have made purchases from other EU countries. In the Euro area this share is even higher.
LoyaltyLion has closed a seed funding round of 370,000 euros led by EC1 Capital. The European social loyalty platform enables small ecommerce stores to offer a loyalty scheme that rewards customers for all sorts of activities. It’s compatible with commonly-used ecommerce platforms like Shopify, Magento and SEOshop.
Russian consumer electronics chain M.video wants to grab more market share and in order to achieve this the retailer plans to bring its prices into line with rivals like Ulmart. “Only the price factor can still potentially limit shopping with us, so we will take this issue off the table,” says M.video’s CEO Alexander Tynkovan.
Multimedia retailer QVC has announced it’s planning the launch of a French website, QVC.fr should be a place to shop online in the second quarter of 2015. With the launch of the French service, QVC expand its global ecommerce business to seven operation reaching nine countries.
Hermes Group has recorded sales of 2.08 billion euros. Its twelve individual companies grew their combined sales by 8% year-on-year in 2013. Parcel volumes grew by 10%, which led to the Anglo-German parcel carrier handling around 496 million items during last year.
The ecommerce industry in the United Kingdom has seen the strongest first quarter growth since three years. Sales in the first quarter of this year grew 17% compared to the first quarter of 2013 and during the first three months of this year the industry was worth 28 billion euros.
Mobile shopping is well established in Europe. Mcommerce takes actively place in developed countries like the United Kingdom, the Netherlands and Germany, but it is also growing fast in more emerging markets like Russia or Turkey. For almost every country there’s something to say about its usage of mobile devices on online shopping, so let’s have a look at an overview of mcommerce in Europe…
Takeaway.com has received 74 million euros worth of funding from investment companies Macquarie Capital and Prime Ventures. It’s not the first time the Dutch company, specialized in online food ordering and home delivery, got funding as it received an investment of 13 million euros from Prime Ventures back in 2012.
Interbrand published its ‘Best Retail Brands’ list for the fourth time and this year it seems that Hennes & Mauritz (H&M) is Europe’s most valuable retail brand. The original Swedish fashion company is ranked as the top retailer in Europe with 13.11 billion euros. The world’s most valuable retail brand is Walmart, which has an estimated brand value of 95.15 billion euros.
Newegg has started a pilot program that makes a limited selection of its products available to customers in the United Kingdom and Australia. It’s an important first step in the company’s international expansion plans. In the United Kingdom, Newegg will face massive competition from online players like Amazon, Scan Computers and eBuyer.
Things are going well with Nelly, the Swedish online fashion retailer. The ecommerce company is expanding outside of Europe and it thinks that sales of its own labels will grow to account for as much as 40% of total revenue. And the fact the competition is pushing more and more online, won’t hurt Nelly’s business. The more people shopping online, the merrier!
The Swedish ecommerce industry grew 19% in the first quarter of this year, compared to the same period last year. Ecommerce continues to change the Swedish retail world and every year it takes an increasing share of the traditional retail.
More Russian consumers are shopping online, but still the lion’s share of payments happen with cash. But that may be something of the past soon, as electronic wallets are gaining some serious ground in the Russian ecommerce industry. And this of course will help drive the growth of online retail in Russia.
retailer wants to focus on flagship stores and drive the online opportunity as well as the food opportunity. In France, the Netherlands and Belgium M&S wants to offer same day delivery for fresh food.