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Retail

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It is an established business model in the world of online fashion retailers: Customers order items over the Internet, try them at home and send back the things they don't like or which won't fit for free. But the British online fashion retailer Next will now change its free-return policy and start charging custumers for sending back items through a courier or a Hermes Parcel Shop.

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Last year was the most successful year in Czech e-commerce history. For the first time ever, online retail sales accounted for over 10% of all the retail sales in the country. It comes as no surprise that the domestic market is becoming too small for online merchants in Czech Republic. There are 40,100 existing players in Czech Republic, which is the highest proportion per capita in all of Europe!

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Amazon sales are increasing, showing a first quarter rise of 43% for 2018. The e-commerce behemoth also grew its profits by 125%. Starting May 11th, Amazon Prime will cost more in the US, going up to $119. The price hike will go into effect for existing members on June 16th.

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JD.com is giving Alibaba a run for its money by saying it can offer faster delivery and better fraud protection than its larger competitor. This makes JD look more attractive to luxury brands from Europe, luring luxury buyers in China with same-day delivery and a safer and more secure shopping experience.

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E-Commerce opened many possibilities to shop internationally. Customers as well as retailers benefit from cross border business, but there are also a lot of snares to consider. The three companies Lengow, Textmaster and E-services Group offer, with the white paper "Expand your E-commerce Business Internationally", the ultimate guide on how to handle Cross Border E-Commerce.  Europe’s largest e-commerce association, Händlerbund, also took part in the white paper and offers some unique insights on how to handle all the legal Considerations for International Business.

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How can retailers decrease shrinkage and boost sales? According to a new study analysing the tags used by 10 retailers, radio-frequency identification tags (RFID) were found to increase sales up to 5.5%. Many leading retailers and brands were part of what is thought to be the most comprehensive study test of the technology.

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