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Groupon shuts down in Nordic countries

Groupon shuts down in the Nordic countries

Ecommerce platform Groupon has closed its operations immediately in Sweden, Denmark, Norway and Finland. This decision follows after its business has been in decline for months now. Things don’t look so swell for Groupon, which has said goodbye to 1,100 employees and exited other international markets recently. Continue reading

In Nordics, only Swedes like to shop Christmas gifts online

In Nordics, only Swedes like to shop Christmas gifts online

Consumers in the Nordic countries expect to conduct the majority of Christmas shopping offline. But Sweden is the notable exception, as a majority of consumers believe they will shop their gifts mostly online. In total, more than 80 percent of Nordic consumers will shop online this Christmas and almost a quarter of the Christmas shopping will be mobile. Continue reading

Ecommerce in the Nordics: €4.29bn in second quarter 2015

Ecommerce in the Nordics, Q2 2015

Consumers in the Nordic region made online purchases for 4.29 billion euros during the second quarter of this year. This is an increase of more than 800 million euros or 23 percent compared to the same period last year. Domestic commerce in each respective country grew even harder, by 29 percent. Continue reading

PostNord: ecommerce grows, mail volumes continue to fall

PostNord

PostNord’s net sales decreased by 2% during the first half of this year. While mail volumes declined by a total of 8%, parcel volumes however increased by 13%, with ecommerce related B2C parcel volumes rising even 17%. But on net sales level, the parcel volumes can’t fully compensate for the declining mail volumes, the postal company says. Continue reading

Sweden is the best omnichannel country in Scandinavia

Sweden is the best omnichannel country in Scandinavia

Sweden is the best country in Scandinavia when it comes to omnichannel retail, a new study shows. However, there are still plenty of retailers who are defined as omnichannel laggards. Especially in the furniture and interior industry, companies haven’t fully embraced an omnichannel strategy, while in consumer electronics omnichannel is more common. Continue reading

Swedish online bookstore Adlibris slowly evolves into department store

adlibris

Swedish online retailer Adlibris no longer just sells books via its website, as it launched an extended range of completely new categories, both on its Swedish, Norwegian and Finnish websites. The expansion was announced earlier this year, but as of today consumers now also can shop at Adlibris for DIY & crafts items, kids & toys products and office supplies. Continue reading

Half of Nordic consumers want to choose the delivery method

PostNord ecommerce report

Consumers in Sweden, Norway, Finland and Denmark shopped online for a total of 3.89 billion euros during the first three months of this year. Ecommerce increased by 7 percent compared with last year, although the Norwegian ecommerce showed some negative development. Nordic consumers are increasingly valuing the power of the recipient and want to choose the delivery method of the items they bought online. Continue reading

German ecommerce company Stylight expands to Belgium and Norway

Ecommerce company Stylight is branching out further in the European market and is now available in 14 countries. As of this week, Stylight is there for customers in Belgium and Norway. The fashion discovery website thinks opening up two new ecommerce sites is ‘just another logical step of their expansion strategy’. Continue reading

Norwegian ecommerce hit 10 billion euro in 2014

Ecommerce in Norway is doing well for some time and with a strong fourth quarter it resulted in a 10 billion euros turnover ($10.95 billion) in 2014. Enterprise Federation of Norway expects a growth of 15% which is higher than last year, in which it grew by 10.8%.  Continue reading

Cross-border ecommerce in the Nordics grows steadily

Cross-border ecommerce Scandinavia / The Nordics

Cross-border ecommerce is growing steadily in the Nordic countries. Especially online stores in Sweden are popular among other Scandinavians. Norwegian consumers shop the most at foreign online stores. Ten percent of all Norwegians shop at Swedish ecommerce sites at some point every quarter. Continue reading

EDI-Soft makes entry into Chinese market

EDI-soft

EDI-Soft, a software developer and provider from the Nordics, is planning to become market leader in digitizing delivery and shipping in China. Because shipments of parcels are still largely treated manually in China, EDI-Soft thinks now is the right time for them to make an entry into the Chinese market. Continue reading

An analysis of the ecommerce market in the Nordic region

Bring, a Norwegian postal and logistics company that’s owned by Posten Norge, has taken a look at the ecommerce industry in the Nordic region. This year’s report shows that the consumers’ total experience is important when shopping online. And it also shows that there are some big differences between consumers from Denmark, Sweden, Norway and Finland. Continue reading

Take-away site Just Eat reports revenue growth of 58%

Just Eat has shown some pretty big growth during the first half six months of this year. Its revenue grew by almost sixty percent compared to the same period last year, while its profit went up almost 600% in the past six months. But not all is positive for the UK-headquartered company, as revenue in Belgium and the Netherlands declined. Continue reading