B2B marketplaces take center stage in European digital commerce
Digital Commerce 360 » Europe Ecommerce
by Mark Brohan
1d ago
Europe presents a distinct B2B ecommerce landscape compared to the U.S., with unique business conditions, cross-border challenges, and a diverse array of national markets. However, one key similarity between the two regions is the rapid rise of B2B marketplaces. European buyers and sellers, much like their U.S. counterparts, are increasingly leveraging industry-specific and commercial marketplaces […] The post B2B marketplaces take center stage in European digital commerce appeared first on Digital Commerce 360 ..read more
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Nike Digital sales drop in Q4 as retailer reaches highest-yet annual revenue
Digital Commerce 360 » Europe Ecommerce
by Abbas Haleem
1w ago
The year ended on a positive note for Nike Inc. despite a year-over-year drop in quarterly revenue and digital sales during Q4 of its fiscal 2024. Whereas Q4 revenue decreased about 2% from the same period a year earlier, Nike full-year revenue reached a new high in its fiscal 2024. In an earnings call with […] The post Nike Digital sales drop in Q4 as retailer reaches highest-yet annual revenue appeared first on Digital Commerce 360 ..read more
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Ahold Delhaize names brand president for Stop & Shop
Digital Commerce 360 » Europe Ecommerce
by Kevin Williams
2w ago
Stop & Shop, the Ahold Delhaize-owned grocery banner with 406 locations in New York and other areas in New England, has a new head of brand. Stop & Shop is part of Ahold Delhaize USA, a division of the European grocery giant of the same name. Ahold Delhaize USA announced that Roger Wheeler will become […] The post Ahold Delhaize names brand president for Stop & Shop appeared first on Digital Commerce 360 ..read more
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Ikea tests new resale marketplace
Digital Commerce 360 » Europe Ecommerce
by Beth Duckett
1M ago
Ingka Group, which operates a majority of Ikea stores in the world, is piloting a new resale marketplace initiative called Ikea Preowned. The digital marketplace is designed for customers to buy and sell used Ikea furniture directly with one another. The online peer-to-peer platform is currently being tested in Madrid and Oslo until December, with […] The post Ikea tests new resale marketplace appeared first on Digital Commerce 360 ..read more
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German web merchant Zalando grows Q2 B2B GMV 10%
Digital Commerce 360 » Europe Ecommerce
by Mark Brohan
1M ago
B2B expansion continues to bring new life back to Zalando’s gross merchandise value (GMV) in Q2. Zalando is one of Germany’s biggest online retailers. In its fiscal Q2 ended June 30, Zalando posted total GMV of 3.842 billion euros ($US 4.300 billion). That’s a 2.8% increase from 3.736 billion euros ($US 4.181 billion) in the […] The post German web merchant Zalando grows Q2 B2B GMV 10% appeared first on Digital Commerce 360 ..read more
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Ecommerce earnings recap: What you missed from Steven Madden, Adidas and more
Digital Commerce 360 » Europe Ecommerce
by Brian Warmoth
2M ago
New earnings results are out from retailers in Digital Commerce 360’s Top 1000 database. The week saw prominent footwear brands Steven Madden Ltd. and Adidas AG both report. At Steve Madden, net sales grew 17.8% as the company reduced the size of its loss in the quarter from a year ago. Elsewhere, Adidas reported positive […] The post Ecommerce earnings recap: What you missed from Steven Madden, Adidas and more appeared first on Digital Commerce 360 ..read more
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Small businesses see headwinds and ecommerce growth ahead
Digital Commerce 360 » Europe Ecommerce
by Mark Brohan
2M ago
Economic and political risks aside, U.S. small businesses are bullish on their opportunity to gain ecommerce sales experience, according to a survey of 1,000 small merchants from shipping company DHL. For example, the outlook for ecommerce sales in 2024 remains optimistic among small and medium-sized businesses (SMEs). 65% of respondents anticipate that their ecommerce sales […] The post Small businesses see headwinds and ecommerce growth ahead appeared first on Digital Commerce 360 ..read more
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B2B organizations want to scale revenue via ecommerce
Digital Commerce 360 » Europe Ecommerce
by Mark Brohan
3M ago
With the year now more than half over, manufacturers and distributors have a few priorities to mind. And one of them is ecommerce, according to a survey of 700 manufacturers and distributors in North America and Europe from site search applications developer Algolia. For 69% of B2B organizations, scaling revenue and operations is the top priority. The next priority is, which 53% cited, is prioritizing shifting revenue from in-person channels to ecommerce. Despite the focus on ecommerce, manufacturers and distributors reported that 74% of revenue continues to come from offline channels and only ..read more
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Ecommerce earnings recap: What you missed from H&M, Nike and more
Digital Commerce 360 » Europe Ecommerce
by Brian Warmoth
3M ago
New earnings results are out from retailers in Digital Commerce 360’s Top 1000 list of leading ecommerce retailers in North America, as well as the Europe ecommerce database. During the past week, H&M Group, Nike and Levi & Strauss each shared results. Their results show some gains in a competitive apparel environment as Nike continues to work on its turnaround plan. Read more ecommerce earnings coverage here. Parentheses indicate the merchant’s ranking in the Top 1000, unless otherwise stated. This week’s ecommerce earnings takeaways Nike Inc. saw a 10% drop in ecommerce sales ..read more
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UK merchants file lawsuit against Amazon for $1.28 billion over misuse of marketplace data
Digital Commerce 360 » Europe Ecommerce
by Mark Brohan
4M ago
A trade association representing thousands of small retailers in the United Kingdom wants its day in court against Amazon. These same merchants also want £1 billion ($1.28 billion) from Amazon. The British Independent Retailers Association is representing the merchants in a newly filed lawsuit. The association alleges Amazon is “illegally misusing their data and manipulating the Amazon Buy Box to benefit its commercial operation and its overall revenues and profit.” The lawsuit filed in a London court stated that between October 2015 and the present date, Amazon used data belonging to UK retai ..read more
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