Black Friday 2020 is gonna be very different from earlier editions. A recent survey, for example, shows that 69 percent of shoppers in Germany only want to shop online on Black Friday, with just 11 percent shopping exclusively in-store.
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Zalando has announced it acquired Fision, a Swiss company that offers a mobile body scanning solution. For Zalando, the acquisition is part of its investment in the customer experience.
Amazon isn’t the fashion leader that it – and others – might have expected. In Germany for example, the company only ranks sixth among the top-selling online fashion retailers. So, it’s far from a market leader. But why is this? What can Amazon learn from the real fashion leaders?
The five biggest ecommerce players in Germany account for almost half of all revenue generated by the 100 biggest online retailers. This significant share is generated by Amazon, Otto, Zalando, Media Markt, and Notebooksbilliger.
Rakuten.de will no longer accept any new orders. The online marketplace announced it will close its doors on 15 October. The decision was made due to challenges with “leading the ecommerce business to a relevant market presence”.
German DIY-store Hornbach saw its online turnover increase significantly during the Covid-19 outbreak in Europe. The company quickly changed its click-and-collect model and also tested a home delivery model where its own store employees took care of the deliveries.
More than two thirds of online shoppers in Germany would like to choose which logistics company sends their online order. The most important reason for this is because it enables them to influence the delivery reliability.
Schuhe24, which sells shoes online from over 2,000 connected retailers in Germany, is partnering with Neckermann in Austria. The cooperation should benefit both Neckermann and the retailers connected to the Schuhe24 Group, which also sells clothing, bags, jewelry, and more.
Otto Group has announced the upcoming closure of the last returns-processing facility in Germany. The facility is operated by Otto subsidiary Hermes Fulfilment in Hamburg and will be closed down in the second half of next year.
German ecommerce company Otto wants to found a subsidiary to handle all payment functions. It’s the latest step, and a bold one, in the further development of Otto as an online platform.
MultiSafepay, a Dutch collecting payment service provider, has announced today it will open an office in Germany. By making this step, the company wants to strengthen its German presence and support further growth internationally.
For almost a third of all online shoppers in Germany, purchase on account is the most popular payment method. Last year, this method gained even more sales than in the year before. PayPal ranked second among the payment methods with the highest turnover.
The corona crisis has led to a surge in online shopping, but consumers aren’t returning more. That’s what the Otto Group has noticed. It doesn’t have a simple answer to why this is the case, and whether a general trend reversal can be derived from this.
Checkout Charlie, a German company with many consumer and discount portals, is expanding in Europe again. The business, part of A company of the Media Group RTL Germany, has launched two new voucher portals: Buonisconto.it in Italy and Topdescuento.es in Spain.
Online department store FonQ has left Germany. The Dutch ecommerce company says it wants to focus solely on its profiting businesses in the Netherlands and Belgium instead.