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Retail

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Amazon has been the number one spot for online shopping in the USA for a long time. Since markets change over time, is Amazon starting to show signs of losing customers to other online/stationary retailers? According to a new survey, the majority of consumers prefer shopping at Walmart – online or offline – rather than taking a trip down the Amazon.

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Zalando, based in Berlin, Germany, is one of the biggest online fashion retailers in Europe. Now, they are bigger than ever hitting over a billion visits in a quarter for the very first time. The online fashion giant says it hit this all new high in the third quarter of the current year. They feel this is because customers gravitate towards the online retailer when they think about fashion.

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Payments Europe is a new association, formed by European and global card-based payment solution providers. The new organization wants to present the industry’s common views and advocate for a fair regulatory environment in Europe. This is the very first time that an association was formed in Europe expressly for the payment industry.

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70% of European e-shoppers no longer want to shop in British online shops in the event of a hard Brexit. 69% of British e-shoppers also no longer want to shop in European online shops if Brexit brings about additional fees. DPDgroup is prepared for a hard Brexit, but expects longer delivery times and significantly higher costs for shipping between Great Britain and EU countries.

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Facebook's Libra is controversial. With many involved in Libra's future, PayPal becomes the first to jump ship. The payment provider is the first to back out of Facebook's cryptocurrency project, which continues to be inspected by regulators around the world. Technically an association, Libra is now backed by 27 companies. These companies are made up of multinational companies and nonprofit organizations.

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The German supermarket chain Rewe is launching same-day delivery in 8 cities in the European country. Placing orders on rewe.de via the website or the app before 1pm will then be able to receive the orders from 5pm and later. This same-day delivery is available for 12,000 products on rewe.de, and includes fresh vegetables, dairy and meat products, frozen foods and drinks.

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