Social distancing measures have been enforced nationwide. As a result, many brick-and-mortar businesses had temporarily shut down. In particular, the services industry has been hit hard. However, many retailers and restaurants have been shifting business online in response to the lockdown. According to Valitor, 76% of brick-and-mortar businesses say that COVID-19 has changed
Dutch shoppers say they will reduce their overall purchases
Research from AfterPay indicates that Dutch shoppers will reduce their overall purchases in July, in both online and offline purchases. Dutch consumers say that they will continue to shift purchases to online channels this month. Dutch online purchases picked up to +40% in the second half of June, when compared to early March, after a period of stabilized and even decreased
Germans spend less than other Europeans on brick-and-mortar retail
In many European countries, online trade has emerged as a strong force. The declining share of consumer spending on brick-and-mortar retail reflects this. Last year, in the 27 European Union countries, the retail turnover share of private consumption decreased by 1%. On average, EU consumers spend 29.9% of their money on brick-and-mortar retail according to GfK. Germany places
MediaMarkt offers its customers in-store smartphone navigation
Since the end of July, MediaMarkt is testing applications in in-store navigation and location-based services for the first time in Germany: In Gründau-Lieblos in Hesse, customers can use their smartphones to be guided precisely to their desired product in the market via an app and thus benefit from a faster and easier product search. This will also relieve salespeople, who will
The LEGO Group is stepping up on investments to realise global growth
The LEGO Group released its financial results for the first half of 2019. It also states to step up its investments to expand its global reach both physical and digital. During the first half of 2019, revenue grew 4% to DKK 14.8 billion compared to the same period last year. Consumer sales grew 5% while the brand was able to grow market share in its largest markets. Due to the