Second-hand retailer Troc.com saw Belgian and Luxembourgish turnover grow 5 %, partly because it now also buys items itself. Previously, it had only allowed people to take a percentage of the sale of their items.
Troc.com turnover grows 5 %
RetailDetail has a new CEO: e-commerce entrepreneur and former bpost board member Peter Somers has major growth ambitions for the company.
Trade wars and discrimination within the single market create growing pressures on retailers in Europe. EuroCommerce Director-General Christian Verschueren is concerned, but looks forward confidently to the future.
Online commerce is becoming increasingly popular, in Belgium as well. Online turnover in the country rose to 10.05 billion euro last year, reaching the ten billion milestone for the first time. However, there is still a lot of growth potential online.
American chain Claire’s has now officially filed for bankruptcy, although it only relates to the company’s American division.
Amazon wants to cut costs and that is why it will charge manufacturers with logistical fees more quickly. Up until now, the American online retailer often took it upon itself, but that move no longer seems profitable.
Amazon is apparently interested in several of bankrupt Toys ‘R’ Us’ stores, because their locations and stores would fit Amazon’s own retail formulas.