Ecommerce News

The United Kingdom

ClearCourse acquires Sellerdeck

ClearCourse acquires Sellerdeck
The software and payments solution provider ClearCourse has acquired ecommerce platform provider Sellerdeck. Both companies are able to expand their product offering, thanks to the acquisition. The financial terms of the deal are undisclosed.
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Made.com prepares for insolvency

Made.com prepares for insolvency
Online furniture retailer Made.com has announced that it is appointing administrators. The company is thus preparing for insolvency, as it was unable to be sold by the end of October. Earlier this week, it also suspended its trades.
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H&M is testing paid returns

H&M is testing paid returns
Fashion retailer H&M is considering payment for online returns. Return fees could help cut increasing company costs. H&M is testing the change in return policy in Norway and the United Kingdom.
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OPLOG raises 11 million euros

OPLOG raises 11 million euros
OPLOG, a fulfilment company from Turkey, has raised 11 million euros. With the money, OPLOG will open a warehouse in the United Kingdom before the end of the year. Additionally, the company wants to use robotics in its fulfilment centers starting next year.
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16% of products online out-of-stock

16% of products online out-of-stock
In online shops, 16 percent of products are out-of-stock. The United Kingdom and the Netherlands have the best product availability. Google Shopping, Facebook Product Ads and Amazon are the top three advertising channels for ecommerce sellers worldwide.
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Otrium 50 million euros in the red

Otrium 50 million euros in the red
Dutch fashion platform Otrium made considerable losses in the past year. The company is 50 million euros in the red. The year before, losses were at 8.4 million euros. This is mostly due to bonuses as well as further company expansion.
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Clearco lays off 25% of staff

Clearco lays off 25% of staff
Just months after expanding to Germany and Ireland, Canadian ecommerce investor Clearco is cutting 25 percent of its staff. This comes down to 125 employees. The company points to ‘the current macroeconomic environment’.
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