Breuninger expands to Switzerland
Fashion and lifestyle retailer Breuninger is expanding again. After opening an online store in Austria two years ago, the German company has now launched an online shop in Switzerland. Continue reading
Germany
Mister Spex raises 65 million euros
Online optician Mister Spex has raised over 65 million euros in an equity round led by the Büll Family Office. With the fresh funding, the German company wants to accelerate its international growth and expand its retail network. Continue reading
Wish locks out accounts for excessive refunds
Online marketplace Wish appears to increasingly lock out user accounts in Germany after users returned items too many times. This also means customers lose access to the customer service and can no longer exercise their buyer rights. Continue reading
Deliveroo exits German market
Deliveroo is exiting the German market. The UK food delivery service launched in Germany over four years ago, but now they are exiting the country already. Instead, Deliveroo wants to focus on growing its operations in other markets around the world. Continue reading
Otto and ECE combine offline and online shopping
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. Continue reading
Lidl tests click & collect in Germany
Lidl is testing a click & collect service in Germany. For now, the test is only meant for customers in the Rhine-Neckar region. They can order products online and then pick them up in a branch of the supermarket discounter. Continue reading
Amazon extends anti-counterfeiting program to Europe
Amazon has extended its anti-counterfeiting program Project Zero to Europe. With this initiative, which launches in France, Germany, Italy, Spain and the United Kingdom, the ecommerce giant wants to drive the number of counterfeits on its platform to zero. Continue reading
Germans rarely use discount codes
German consumers may be known for their saving habits, compared to other consumers in Europe they rarely use discount codes when shopping online. Only 30 percent of Germans use a coupon when they purchase something online. Continue reading
Mybudapester bears costs for orders outside EU
German online fashion shop Mybudapester.com offers its customers from outside the European Union free delivery and returns. These customers also won’t be charged extra for taxes, customs and freight surcharges on these international orders. Continue reading
Environmentalism biggest challenge for many retailers
Meeting consumer demands for more environmental goods and services are the biggest challenge for marketers and supply chain managers in the United Kingdom and France. Remanufacturing products costs nearly 3.5 million per year in these two countries. Continue reading
DHL builds 500 Packstations at Lidl stores
Deutsche Post DHL Group and Lidl have partnered up to make shopping more convenient. As a result of the partnership, about 500 DHL Packstations will be built at Lidl stores in Germany later this year. Continue reading
Edeka increases stake in Picnic
German supermarket chain Edeka has increased its stake in the Dutch online-only supermarket Picnic. The retail company already owned 20 percent of Picnic in Germany, but now Edeka holds a 35 percent share. Continue reading
Security over convenience when paying online
Consumers in Europe think security is more important than convenience when it comes to paying online. But in the UK, the difference is quite small. Over half of Brits chose security, while 43 percent selected convenience. Continue reading
Germans receive the most packages
Consumers in Germany receive more packages per year than every other citizen in Europe. Per capita in Germany there are 24 shipments per year. That’s twice as many as in the Netherlands for example. Continue reading
Rocket Internet wants to exit stock market
Rocket Internet might have plans to exit the stock market after five years. Anonymous sources say that CEO and co-founder Oliver Samwer wants the European investor and incubator to act undisturbed as an opportunistic investor again. Continue reading