~ecommercenews_eu | Bookmarks (63)

Kaufland has opened the virtual doors of its marketplace in Austria, the first country where the brand does not have physical stores. At the launch, Kaufland.at offers more than three million items from three thousand different sellers.These figures were announced by Kaufland Global Marketplace, the ‘all-in-one solution’ for international sales…

SellerX, a buyer of successful marketplace sellers, can no longer meet its financial obligations. The Berlin-based company, only four years old, will be auctioned in the German capital on September 17. This decision was made by financier BlackRock.SellerX is one of the most well-known marketplace aggregators, acquiring successful traders and…

The majority of Dutch online stores that sell products through dropshipping do not comply with legal regulations for online selling. Their websites lack contact details or information about returning orders, for example. Researchers from the Dutch Consumer’s Association investigated 100 online stores that sell products by dropshipping. This entails selling…

Last year, Amazon Germany was able to increase its net sales in retail media with 20 percent. The revenue of its advertising business came to 2.9 billion euros in 2023. This is almost 10 percent of the company’s total revenue in Germany. These data come from Amazon Germany’s financial statements…

Furniture retailer Ikea plans to launch a marketplace where customers can sell their pre-owned Ikea furniture to other consumers. By doing that, it wants to expand its online revenue. The company launched a pilot in Spain and Norway. The Swedish retailer is well-known for its furniture. Within several countries in…

Temu officially invites European merchants to register as sellers on its platform. Merchants are responsible for their product assortment, inventory management, and the shipping of sold products. Temu determines the consumer prices for the goods.Having quickly grown with a consignment model, Temu additionally announced a local-to-local model earlier this year.…

Afound, H&M’s digital outlet, will be closing its doors later this year. Brands that are displayed in the outlet have adapted more direct-to-consumer strategies, resulting in a lack of demand. Their products in sale are often sold on their own websites. Afound was launched in 2018 by H&M. It is…

eBay is giving shoppers more flexibility to cancel their purchases. From now on, they can cancel an order as long as the seller has not marked it as shipped. The company describes this as a simplification that should benefit both shoppers and sellers.The new policy will take effect on August…

Online revenue in the Netherlands is expected to increase 8 percent this year, compared to 2023. Meanwhile, the total retail revenue will increase only 2 percent. This is due to an expected decline in supermarket sales, because of a ban on selling tobacco in those stores. These data come from…

Ceconomy, the owner of MediaMarkt and Saturn, has had a strong quarter. Its own online sales increased by almost 10 percent. Additionally, MediaMarkt is growing thanks to external online sales partners: the trading volume on its marketplace has more than doubled in a year.In the third quarter of its fiscal…

The environmental impact of retail, particularly the online sales of clothing, seems to be consistently underestimated. Between 22 to 44 percent of all returned clothing is never sold to a secondary consumer. These unused returned items have a big impact on the environment. These data come from research conducted by…

Vinted has rolled back a proposed update on shipping options after protests from sellers in the United Kingdom. The recommerce marketplace wanted to offer consumers more choices in receiving products, but merchants struggled with this increased freedom.Vinted had made it impossible for UK sellers to deselect certain shipping options when…

The Turkish government is implementing drastic tax changes to reduce online consumer orders from foreign online stores. Import duties are set to rise significantly, while the exemption threshold will be lowered. Additionally, an extra tax will be introduced for certain product categories.Ecommerce in Turkey is on the rise. Online spending…

As of September 2nd, TikTok Shop sellers based in the United Kingdom will need to pay higher commission fees. The fees are being raised from 5 to 9 percent. However, if sellers reach a target number of TikTok Live and shoppable videos, they can reduce these fees. It is the…

Online fashion platform Zalando increased its revenue with 3.4 percent in the second quarter, compared to that period last year, to 2.6 billion euros. It also improved its profitability again. As a result, the company has confirmed its expectations for the full financial year. Earlier this year, Zalando announced that…

Next reflects on a successful half year. The British retailer has revised its profit expectations upwards. While pure players Asos and Boohoo, also from the United Kingdom, struggle to maintain their online sales, Next continues to grow digitally, especially abroad.This is evident from Next’s recent quarterly and half-year reports. The…

German SMEs on Amazon have seen their international sales grow by 10 percent over the past year. Together, they earned 5.5 billion euros in cross-border sales. “Exporting via Amazon is the easiest growth opportunity for German SMEs”, headlines the American company.Amazon reports on the sales performance of German small and…

Boohoo is launching an online marketplace, which is reportedly going live this week. Boohoo Brands will feature up to 200 labels in fashion, lifestyle, and beauty. It will be powered by Mirakl’s ecommerce software.Like Asos, another well-known fashion pure player from the United Kingdom, Boohoo is facing declining revenues. Brexit,…

The European Parliament has made some progress in its proposal to simplify VAT rules for ecommerce imports. It wants to remove the threshold of 150 euros for import duties. Negotiations are still ongoing, but it has now been decided that the proposed changes will come into effect by March 2028.…

TikTok Shop seemed set to launch in many European countries this summer, but owner ByteDance put the brakes on expansion. The shopping feature is reportedly set to launch in Ireland and Spain in October, with other European countries following next year. TikTok, the international subsidiary of Chinese company ByteDance, launched…

Ikea has opened its hundredth mobile pick-up point at Tesco, the largest supermarket chain in the United Kingdom. On this occasion, the Swedish furniture retailer announced plans to double this number. Almost 40 percent of Ikea’s UK sales now come from the online channel.Ikea and Tesco piloted the next-day pick-up…

Of the 47 biggest online stores in Switzerland, only 17 percent offer free shipping this year. A majority of 64 percent offers free shipping above a threshold value. Another 19 percent always charges for delivering goods. These data are approximately the same as those in 2023. Carpathia, an ecommerce management…

One in three (34 percent) of online purchases in the first half of this year in Spain were placed on Chinese platforms, such as Alibaba, Temu or Shein. The market share (in terms of order frequency) of these platforms is far higher in Spain than in other European countries. However,…

Online marketplace Bol has launched several updates this month. One of the updates is a new advertising option that allows sellers to highlight their brand and assortment in search results. There are also changes to the partner platform and review policy. Bol is an online marketplace from the Netherlands. It…