Germany

Kaufhof and Karstadt form joint venture

Kaufhof and Karstadt form joint venture

Two major German department store chains, Kaufhof and Karstadt, will form a joint venture after Hudson's Bay sells half of its European business to Signa Holding. The latter will hold only a little bit more than half of the entity and will manage the operating business.

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Amazon destroys returned items and new products

Amazon destroys returned items and new products

Ecommerce giant Amazon is massively destroying returned items and new products. And through Amazon, external vendors also get rid of their unsold goods. All kinds of products are destroyed in German logistics warehouses on a large scale, such as refrigerators, washing machines, cell phones, mattresses and more.

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City of Lüneburg launches online marketplace

City of Lüneburg launches online marketplace

Another city in Europe has decided to launch its own online marketplace. This time it's the city of Lüneberg, a town in the German state of Lower Saxony, that started the ecommerce initiative. Customers can browse through the offer of local retailers and get the goods delivered to their homes for free.

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Redcoon quits in Germany

Redcoon quits in Germany

Redcoon has ceased operations in Germany. Anyone who visits the electronic retailer's website, gets the suggestion to visit the website of MediaMarkt. Products that are ordered through redcoon.de, will still be delivered to the customer, and MediaMarktSaturn promises to continue to meet all service requirements.

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Mybudapester.com aims for international growth

Mybudapester.com aims for international growth

Mybudapester.com, an online shop for designer shoes, bags and accessories, is focusing more and more on attracting international stationary retailers to its platform. Up to 15 new German retailers will go online on the fashion platform this year, but international dealers will also be connected towards the end of this year.

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Otto Group’s online revenues increase to €7.8 billion

Otto Group’s online revenues increase to €7.8 billion

Ecommerce shows to be an increasingly important part of the Otto Group's business. The company saw its online revenues worldwide increase grow 10.9 percent to 7.8 billion euros. In Germany, the online business of the Otto Group generated revenues of over 5.4 billion euros, an increase of 10.2 percent. Growth drivers are OTTO and About You.

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DPD Germany expands bike deliveries to more cities

DPD Germany expands bike deliveries to more cities

DPD Germany is 'highly satisfied' with the results of its pilot project to use electrically assisted transport bikes to deliver parcels to consumers. It started with the test in the northern Bavarian city of Nuremberg one year ago and now wants to launch further deliveries by transport bike in Germany.

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