Jacques-Antoine Granjon, CEO and founder of French Vente-privée.com, believes Amazon will destroy classic distributors like Carrefour. It will compete these distributors into the ground and make them disappear.
Store chain Fnac has now given sellers of sports products, kitchen appliances and household appliances the opportunity sell items on its marketplace. In France, this puts the company in direct competition with major online players.
Yesterday, rumours surfaced that Amazon had plans for a bookstore chain with up to 400 stores in the United States. A shopping mall manager confirmed the news, but he now takes back his previous statement.
Online retailer Amazon allegedly has plans to open a chain of bookstores. Currently, it has a bookstore in its hometown of Seattle, but there is chance it may open an astonishing 400 stores all across the United States.
Clothing chain Oysho, which is part of the Spanish fashion group Inditex, has now opened a European web shop. This means that all European citizens can buy the brand's clothing, even though the particular country may not have an actual store.
In the fourth quarter, American online retailer Amazon has managed a record profit, but that was a lot lower than originally forecast. Turnover also grew a lot, but also failed to live up to expectations.
Online retailer Coolblue's 2015 turnover has grown more than 50 %, reaching a total of 555 million euro for Belgium and the Netherlands combined. With that in mind, Coolblue wants to considerably expand its operations in 2016.
Swedish furniture chain Ikea has opened 10 new German pick-up points for online deliveries, which will all function independently. That means they will not be tied to another one of the chain's stores.