American online retailer Amazon has unfolded plans for a new distribution center in the German city of Mönchengladbach. It will be located near the Dutch and Belgian border and most likely be used to service these markets.
German labour union Verdi announced a strike in Amazon’s distribution center in Bad Hersfeld, Germany. This is the web shop’s largest German distribution center and the strike should last the remainder of the year.
Stock exchange analysts are a fan of European supermarket chains again. The fear for Amazon is an exaggeration and the food industry has received too much negativity, according to fund managers’ forecast of 2018.
In an interview, Amazon Germany’s CEO said that it is only a “matter of time” before the online retailer will open physical stores in Germany. He believes it is necessary, because the customers demand it.
After it introduced Amazon Prime to an increased number of European markets, Amazon is now bringing in its own FMCG private labels. Over the past few weeks, the online department store launched several private label products in Europe and it has plans for even more.
Luxury product manufactures can block retailers from selling their merchandise on online marketplaces like Amazon. The European Court of Justice has ruled on the matter after cosmetics manufacturer Coty filed a complaint.
According to a new Kantar Worldpanel report, online grocery sales grew 30 %, in stark contrast with the overall 1.3 % increase. Online sales now contribute 4.6 % to the overall FMCG sales, but that will grow to 10 % (145 billion euro) by 2025.
According to certain sources, Amazon is currently hiring construction managers and marketers for its Amazon Go team. This move may suggest that the cashierless supermarket concept may be ready for prime time – for real this time.
Move aside Christmas turnover, Singles’ Day is the world’s largest shopping holiday – by far. Alibaba generated a 22 billion euro turnover in a single day and even Bol.com took advantage of the day. Are we heading to a new retail calendar?
Market research firm SmarterHQ says Amazon’s bond with consumers is razor-thin and they would quickly abandon their subscription if the advantages proved to be too meagre. This should present opportunities to the competition.
Amazon still does not have a complete web shop in Dutch, but that does not stop the American eCommerce giant to launch new services in the region. Starting today, Amazon Prime is available in the whole of Belgium and the Netherlands.