ICA Sweden is making advanced plans opening an online store later this year. The idea is to give franchisees the opportunity to run their own local online ICA store, while ICA Sweden itself will start an centralized online store. “We think now the time is right.”
It’s going extremely well with the ecommerce industry in Northern Europe. The total online economy of sold goods and services amounted 28.4 billion euros in 2012, but is expected to grow to 31 billion euros at the end of this year.
Tictail has welcomed Project A Ventures as a strategic partner. The Berlin-based company builder will be involved with the Swedish free-to-use ecommerce platform on a strategic and operational level and will also invest 600,000 euros. Project A’s co-founder Florian Heinemann will be joining Tictail’s advisory board as well.
When does a country have a lot of ecommerce potential? Is it about population size, income per capita or the amount of money online spent? It’s all of these and a lot more variables that characterizes a ecommerce market primed for growth. Forrester compared 55 countries, and of the 10 most ecommerce-ready markets, there are 5 European countries: UK, Germany, the Netherlands, Norway and Sweden.
The ecommerce industry in Sweden is booming, as its growth continues to increase. Even in the second quarter of this year, which is often a weak quarter, positive numbers continued to show up. Ecommerce in Sweden could face a total growth of 18 percent and a turnover of 37,3 billion Swedish Kronor (€4,3bn) this year.
DHL is experimenting with a package delivery system in Stockholm, based on crowdsourcing. Via an app called MyWays ordinary people are used to deliver packages to (other) end consumers. Through DHL Freight’s network of service points in Sweden’s capital the service let consumers specify a time and place for delivery, as well as the fee offered for delivery.
Elanders has acquired Myphotobook, a German company that sells personalised photo products for consumers. With the acquisition the Swedish company is now one of the leading players in Europe. Elanders bought Myphotobook for 10.5 million euros from investment holding company Holtzbrinck Digital.
American fans of Swedish retail-clothing company H&M will finally be able to shop online for their favorite dresses, shirts, jeans, accessories and more. H&M, which is known for their reasonably stylish clothing at low prices, revealed yesterday on Twitter that U.S. customers are able to buy their products online next month.
A new ecommerce platform called To The Tops has launched in the United Kingdom, France and Scandinavia. Its goal is to get as successful as other celebrity curated ecommerce platforms like BeachMint. Retired soccer player Patrick Vieira and singer Kimberly Wyatt are some of the names lending their support.
Here in Europe it´s not all about credit cards. There are actually many, many different online payment methods. Let´s have a look at what customers in certain European regions and countries tend to use if they order goods online. You´ll notice common names like Paypal, but also some very local ones, like Dankort.