Todos Tus Libros is a new online platform, formed by more than 700 bookstores in Spain. Together, they want to unite against ecommerce giants such as Amazon. The independent sellers seek to gain a foothold in the online books market.
Spain-based parcel platform Paack has raised 44 million euros. Practically all of it has been invested by British private equity fund Bregal Milestone, who led the Series C investment round. With the millions of euros, Paack wants to turbocharge its growth and expand its coverage across Europe.
Southern Europe, in this case defined as Spain and Italy, is lagging behind in ecommerce. Online sales as a percentage of total retail, for example, are far lower than in more northerly countries. But why is this?
El Corte Inglés has redesigned its distribution network in Spain. The department store chain turned 90 of its stores across Spain into online logistics centers. El Corte Inglés wants to accelerate its online sales and further compete with Amazon.
Worten has closed 17 physical stores in Spain and will instead focus more on its online sales channel, after adding continuous losses since 1998. The Portuguese electronics retailer has entered into dissolution several times and, according to its auditor PwC, hasn’t provided all the information required to guarantee a viability plan.
Inditex, the major clothing company from Spain, has shown some strong growth online. The retail group is taking more and more steps in its digital transformation and that’s not without results. For the first time, Inditex processed one million orders in one day.
Ebay will bring its managed payments service to sellers in three new markets in Europe next year. In the first quarter of 2021, eBay will manage payments in France, Italy and Spain.
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.
Fashion retailer Mango will share a part of the turnover generated by ecommerce with its franchisers. Initially, Mango will do this only in the Netherlands, Spain and France, all markets where the company has many franchisers.
TrustProfile is the new service from Dutch trust mark WebwinkelKeur. With this label, online retailers can show several pieces of information, like reviews and verified identification data, to enable trust among customers. Currently, a pilot project is running in France, Spain and Italy.
Spanish freight transport platform Ontruck has continued its expansion across Europe. It now connects logistics hubs across the Western and Central parts of the continent.
Swedish fintech company Klarna has entered Spain today with the launch of its ‘buy now, pay later’ service. This service allows shoppers to pay in three interest-free installments at some online retailers across the Southern European country.
Zalando has announced the expansion of its Connected Retail program to three new markets in Europe. Retailers based in Poland, Sweden and Spain will be able to connect their inventory to the online Zalando platform.
Neleman, the online store of Dutch winemaker and merchant Derrick Neleman, is expanding further across Europe. The omnichannel company will soon open online shops in Belgium, Germany and Spain.
FC Barcelona has launched its own ecommerce channel for the sale of products from the Barça Store at Camp Nou. In the online store, fans will find club merchandising and retail items. There are also items that can only be bought at point of sales managed directly by the club.