Tag: retail trade
Delivery service Getir is apparently fighting hard against high costs – and for investor funds
Frankfurt, Berlin, Dusseldorf Months after taking over German rival Gorillas, Turkish express delivery service Getir is facing drastic cuts. The company is burning between $80 million and $100 million a…
Board examines cuts in freight transport
Freight station in Halle/Saale Of 144 train formation facilities, only ten could remain after 2024. (Photo: dpa) Hamm On the board of directors of Deutsche Bahn (DB), rail freight boss…
Board examines clearcutting in freight transport
Freight station in Halle/Saale Of 144 train formation facilities, only ten could remain after 2024. (Photo: dpa) Hamm On the board of directors of Deutsche Bahn (DB), rail freight boss…
About You awakens new hope in online fashion retail – shares are up
Berlin The Hamburg online fashion retailer About You has apparently left the crisis behind. “We have meanwhile bottomed out and the recovery is now imminent,” company boss Tarek Müller told…
About You awakens new hope in online fashion retail – shares are up
Berlin The Hamburg online fashion retailer About You has apparently left the crisis behind. “We have meanwhile bottomed out and the recovery is now imminent,” company boss Tarek Müller told…
Italian Post significantly increases stake in logistics unicorn
Sennder boss and co-founder David Nothacker Nothacker co-founded Sennder in 2015 and also initiated the joint venture with Poste Italiane. (Photo: Bloomberg/Getty Images) Berlin The Italian Post is significantly expanding…
Christiano Ronaldo invests in the luxury watch platform Chrono24
Dusseldorf, Frankfurt Soccer star Cristiano Ronaldo joins Chrono24, a leading online marketplace for luxury watches. He joins a number of prominent investors including Aglaé Ventures, the family investment company of…
Amazon files lawsuit against tightened EU regulation
Amazon In addition to Zalando and Amazon, the EU also rates the iPhone provider Apple and the Internet group Google as “Very Large Online Platforms” (VLOP). (Photo: IMAGO/Lobeca) Brussels After…
Amazon is planning offers for fast internet and mobile communications
rocket launch Amazon wants to sell millions of high-speed internet connections via the Kuiper satellite network in the future. (Photo: Amazon) Hamburg Most consumers only know the technology giant Amazon…
Doc Morris and Shop-Apotheke want access to the German e-prescription market
DocMorris logistics center The Dutch mail-order pharmacy DocMorris expects further growth from electronic prescriptions. (Photo: Doc Morris ) Frankfurt The Dutch mail-order pharmacies Doc Morris and Shop-Apotheke fear for their…
Galeria owner Benko dominates the real estate market with big deals
Rene Benko René Benko’s Signa Holding is currently cleaning up its portfolio. (Photo: Getty Images for Oberpollinger/ ) Dusseldorf The news made people sit up and take notice in March:…
These seven tech giants fall under EU regulation
Global tech corporations The seven companies will in future fall under the EU digital law as “gatekeepers”. (Photo: Reuters (5), dpa (2)) Brussels A group of seven large tech companies…
These seven tech giants fall under EU regulation
Apple, Microsoft, Google and Amazon Apple, Microsoft, Google and Amazon, along with Samsung, Meta and Bytedance, are among the seven tech giants that will come under EU digital law in…
Amazon’s Rivian electric delivery vans are coming to Germany
Seattle, Munich Amazon is bringing the electric delivery vans from Tesla competitor Rivian, specially developed for the world’s largest online retailer, to Germany. In the coming weeks, more than 300…
Amazon’s Rivian electric delivery vans are coming to Germany
Seattle, Munich Amazon is bringing the electric delivery vans from Tesla competitor Rivian, specially developed for the world’s largest online retailer, to Germany. In the coming weeks, more than 300…
Discounter Lidl is reorganizing its German business
Montage of a Lidl logo Lidl plans to open ten to 15 new branches in Germany each year, preferably in the major cities. (Photo: imago images/Frank Sorge) Dusseldorf Lidl boss…
Riots in France plunge entrepreneurs into existential difficulties
Smashed shop window in Paris The owner of a jewelry store examines the damage. (Photo: dpa) Paris After six nights of violence, Thierry Véron, President of the Paris retail association…
Walmart: When the cleaning machine thinks for itself
Cleaning robot at Sam’s Club The cameras of the automatic cleaning systems record the inventory in the supermarkets. (Photo: PR) new York Sam’s Club is a subsidiary of the world’s…
EU Commission threatens order for partial sale of advertising business
Margaret Vestager The EU Commissioner is taking the next step in the proceedings against Google. (Photo: Reuters) Brussels The EU Commission is taking the next step in important competition proceedings…
EU Commission calls on Google to sell part of its advertising business
Margaret Vestager The EU Commissioner is taking the next step in the proceedings against Google. (Photo: Reuters) Brussels The EU Commission is taking the next step in important competition proceedings…