Peloton with deep red numbers, Selfridges with stores of the future, Puma a manager at flagship stores.
from Florian Tres On May 11, 2022 in News
Have you found yourself in the past few weeks turning to conventional rather than organic products to save some money in times of high inflation? According to figures from Bundesverband Naturkost Naturwaren, it is the private organic stores and organic supermarkets that suffer primarily from inflation. On average, their daily sales in January were nearly 10 percent lower and in March 18 percent lower than the same period last year. More trade news, as always, in our newsletter.
Best Regards, Your Florian Tres
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Peloton in deep red, Mytheresa continues to grow, Trouva acquired by Made.com
fitness brand peloton Struggling with the increasing losses after the Corona boom. Last quarter, the deficit widened to $757 million. In the corresponding quarter of the previous fiscal year, the shortage of $8.6 million was not significant, but then it decreased significantly and in the last quarter of 2021 there was already a minus of $440 million. The company’s stock has been in free fall for several months. Peloton had a market capitalization of $50 billion, and is now less than $4 billion. Peloton now wants to take countermeasures and increasingly offer online fitness courses without buying expensive fitness equipment.
Online fashion retailer Mytheresa It ended the last quarter with an increase in sales despite the challenging market environment and also managed to reduce the loss. According to the company, sales in the months from January to March amounted to 169.5 million euros, an increase of 2.9 percent compared to the same quarter of the previous year. Gross merchandise value (GMV), which also includes revenue generated by partner brands in the Mytheresa online store as part of the “curated platform model” introduced last fall, grew by 13.2 percent to €186.6 million. The net loss was reduced from €50.0 million in the same period in the previous year to €4.3 million.
British online furniture retailer Made.com Take charge of the online market Trophy. The London-based company has more than 700 retailers across Europe on its platform, and offers its services to 34 countries. Made intends to use the acquisition to grow its own market. The company also plans to use Trouva’s market technology to improve functionality in the areas of drop shipping, carrier integration, and inventory management.
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White Paper on Self-Payment, Selfridges with Stores of the Future, Puma Manager in Flagship Stores
Retail Self Payment Solutions bubble. Seven different self-pay solutions are available to retailers. Many traders test different combinations. Based on seven interviews with experts, private surveys and secondary market research, the DHBW Heilbronn White Paper provides an overview of the situation in LEH A look at future developments. Free download here.
London luxury store Selfridges She showcased her so-called “supermarket” retail vision at The Corner Shop at Selfridges on Oxford Street, London in recent weeks. Customers can explore a creative playground where print-on-demand, cutting-edge materials and sustainable innovation come together, making fashion, arts and food accessible to all. There are more images of the concept store at Ixtenso.
“From my own experience, I know how a waste of time the debate about the right ‘experiment’ can be, not to mention an attractive and practical application that goes on. It is not always possible to gauge whether such a huge investment pays off. And nothing is sadder in this context. from broken touch screens or a row of unused and abandoned treadmills.”
It turns out in a guest article on Retail Academy Sigrid Broca StevesHead of Retail Environments at pumathe question how Contemporary brand flagship stores It should look like. So it doesn’t have to be a lot of frills, the focus should instead be on good service and great product availability. Because once customers make their way to the store, they don’t want to be referred back to the web store.
Fan articles on Amazon, share experiences in local markets
From now on, Amazon analytics experts from emax will present digital one once per month at Location Insider Exclusive assessment of search trends on Amazon.de. It’s all about the fan articles at the start: FC Schalke 04 managed to secure their return to the Bundesliga at the weekend. Gelsenkirchen came from 0:2 down against FC. St. Pauli in 3:2 thus rejoicing their fans. Then they broke into not only the lawn, but also fan shops. The next day, searches for “Schalke 04 fan articles” ranked second among all searches for “fan articles” and even left the popular search for “FC Bayern Munich fan articles” behind. First place remains unchanged for “Harry Potter Fan Articles”. Gelsenkirchen ball magicians could not ignore the famous magician’s apprentice.
How can Generate more regional demand with new retail concepts? Under this banner, city decision-makers and experts from trade, service and education recently met in Herzogenaurach for professional exchange. Leaders from cities and towns, most of them already Own your local online market with technology from Lucamo They presented, emphasizing their expertise, how important it is to create a foundation for strengthening and supporting the existing brick and mortar trade in its multi-channel orientation.
Location Insider is a specialist service in Germany for digitization of trade. Our free newsletter is published Monday through Friday at 11 am. Visit us online on our website or follow us on LinkedIn, Twitter or Facebook. Information about advertising opportunities, our content partner club, and white papers can be found in our Media Data 2022.
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