
E-commerce: Groupon stops selling goods
U.S global e-commerce marketplace Groupon has announced that they will no longer be selling goods as it wants to focus its efforts on the local experiences market opportunity. Groupon’s transformation follows their disappointing fourth quarter where they missed their...

E-commerce: Online retail industry in Sweden grew by 13% in 2019 with Pharmacy Industry leading
Parcel service PostNord’s E-Barometer has reported that Sweden’s E-commerce market grew by 13% last year and was valued at a total of 87 billion Swedish kronor (8.24 billion Euros). The online pharmaceutical industry in Sweden was shown to be the most successful...

E-commerce: Co-op extends same day delivery to 650 shops
British retailer Co-op has announced its plans to expand its same-day delivery service across 650 stores following the launch of its successful pilot in March last year. Co-op’s same-day delivery service will soon be available in cities including Manchester, Leeds,...

E-commerce: Amazon launches new Customer Returns Tool for Sellers Using FBA
It has been announced on Amazon Seller Central that merchants enrolled in the FBA fulfilment program now have access to a new tool which provides more information on reimbursements and returns made by sellers’ customers. This tool is said to give sellers greater...

E-commerce: JD Sports partners with Laybuy
UK sports retailer JD sports have added another ‘buy now pay later’ scheme to its store with its latest addition Laybuy. The new partnership will allow JD customers to pay for goods interest-free in six weekly instalments. JD sports already offers a number of BNPL...

J&P Accountants attend Doing business in the Middle East event
Last week J&P Accountants attended the ‘Doing business in the Middle East’ event at the Greater Manchester Chamber of Commerce, which presented corporations with a clear insight on how to conduct business in the Middle Eastern district. In 2019, we extended our...

E-commerce: Amazon and AliExpress to make Spain’s E-commerce Market the Fastest Growing in Western Europe
According to an E-commerce market research company, it is predicted that E-commerce sales in Spain will grow by 12.5% this year to reach a value of $31.73 billion. The same source has reported that it is expected that Spain’s online sales will grow faster than any...

E-commerce: Allegro launches its social website “Allegro Gadane”
Polish E-commerce marketplace Allegro has launched its own social media channel called Allegro Gadane. However, this social media website isn't designed to compete with the likes of Facebook and Twitter. Instead, it's a social platform specially made for its sellers...

E-commerce: De Bijenkorf could be expanding to France
Speculations have raised that luxury omnichannel retailer De Bijenkorf is opening an online store in France after the company posted a job vacancy seeking native French speakers. However, this doesn't necessarily mean that the company is expanding to France, as they...

E-commerce: Forever 21 reaches $81 million deal to sell its business to US mall owners and brands
U.S. fashion retailer Forever 21 has reached an €81 million deal for its retail business from investors such as Simon Group Property, Brookfield Property Partners and Authentic Brands. Forever 21 confirmed in a bankruptcy court filing that it is seeking approval to...