Audio gear brand Bose will close all of its stores in Europe, North America, Australia and Japan. The brand decided to follow an online-only strategy after it noticed a significant change to online shopping in these regions, reports Ecommercenews. It means a total of 119 brick-and-mortar stores will close in the coming months. In regions where shopping behaviour hasn't
Otto withdraws from Eastern Europe
Fashion platform Otto closes its online shop in the Czech Republic, Hungary and Slovakia. On the 29th of February, the end of the current 2019/2020 financial year, the shops will be discontinued. This reports the Unito Group, which is responsible for the operation of the three Otto shops in Eastern Europe. On top of that, it is decided that there will come an end to Otto's
UNCTAD Global E-commerce Ranking 2019: Europe continues to dominate
Research from the United Nations Conference on Trade and Development (UNCTAD), revealed that Europe remains by far the most prepared region for e-commerce. It has eight countries ranking in the top ten of a global index that was published last December. On top, we find the Netherlands, Switzerland and Singapore. The Netherlands is on top of the list for its second
Takeaway acquires Just Eat
After months of negotiating, the Dutch food-delivery company Takeaway acquired Just Eat. By completing the takeover, it trumps its competitor Naspers. Just Eat stakeholders now have accepted the Takeaway offer. Dominant in Europe Takeaway is already one of the leading European food-delivery companies. The company holds a leading position in Austria, Belgium, Bulgaria,
Dutch consumers return the most online orders
In the Netherlands, the number of returned online purchases by consumers is the highest in all of Europe. A total of 13% of all orders is returned. This is higher than the percentage in countries such as Germany, Poland, Ireland and Switzerland (12%). The average return percentage in Europe is up 10%. Notable is the declining trend in fashion returns. This can all be concluded