Money Buzz! Europa

Category: Retail

  • Over 1,5 million completed orders in the first year on ccc.eu store

    Over 1,5 million completed orders in the first year on ccc.eu store

    At the end of June, a year has passed since the launch of the CCC online store.

    The store has already completed over 1.5 million orders, has a level of even 13.5 million customer visits per month and is now available on five foreign markets outside Poland (Slovakia, Czech Republic, Romania, Hungary, Austria).

    The ccc.eu platform is part of the CCC omnichannel sales model, which is one of the basic pillars of GO.22’s business strategy.

    The site offers convenient, quick online shopping, as well as additional functionalities such as checking the availability of a given footwear model and booking it in the store, or checking recommendations for the correct size (esize.me).

    CCC application is responsible in some months for up to 30% of the store’s turnover and will soon celebrate 2 million downloads.

    In total, the mobile channel (www and application) is responsible for 75-80% of traffic on CCC websites.

    CCC clients can search for products based in any photo

    In June, Messenger was added to the visual search service that allows customers to search for products from the CCC offer based on any photo (which until now was only available in the CCC application).

    CCC is the first fashion brand in Poland has also started using Google Voice Assistant, where the customer can, among others check the availability of products in stationary stores or find the nearest store.

  • LPP implemented an AI innovative solution to optimise the order picking

    LPP implemented an AI innovative solution to optimise the order picking

    LPP, together with PSI Polska, a producer of software for industry, implemented an innovative solution to optimise the order picking path using Artificial Intelligence in the Fulfilment Centre-type warehouse belonging to the Polish clothing company.

    LPP, the owner of Reserved, Cropp, House, Mohito and Sinsay brands, handling about 11 million orders a year, is one of the leaders of the e-commerce market in Poland and Europe.

    The dynamic growth of online sales, also in connection with the Covid-19 epidemic, poses an increasing challenge to meet the growing demand of customers for online shopping. Last year, the share of online sales in LPP operations was 12%.

    However, the pandemic has significantly changed the balance of power between the traditional and online channels. 

    The AI solution allows to generate lists of products needed to complete an order in real time, determine the shortest path and propose optimum use of resources, including equipment, trolleys and time of warehouse employees.

    This is done, among other things, through the use of the so-called genetic algorithm, which, through the application of evolutionary operators (such as crossing and mutations), allows to create an optimum picking list.

  • Pepco to open at least 70 stores in Bulgaria by the end of 2021

    Pepco to open at least 70 stores in Bulgaria by the end of 2021

    The first Pepco stores in Bulgaria have opened their doors on 15th March in two locations in Plovdiv.

    Bulgaria is Pepco’s eleventh country of operations. This year, further store openings are planned in other locations, including Sofia, Varna, Ruse, Dobrich, Pazardjik and Burgas.

    Pepco has a plan to open more than 15 stores within the first 6 months of presence in Bulgaria and increase this number to over 70 by the end of 2021, employing over 500 people.

    This year Pepco plans to open first stores in Northern Italy, Silea, Fiume Veneto, Udine, Mantova, Bologna, being the first cities announced on the company’s website.

  • SPAR opens two Eurospar supermarkets in northern Italy

    SPAR opens two Eurospar supermarkets in northern Italy

    SPAR Italy Partner Aspiag Service opened two new Eurospar stores this year in Limena and Bologna.

    The new Eurospar Limena, in the Province of Padua, serves a catchment area of approximately 28.000 people.

    With a sales area of more than 1.400 sqm, this supermarket has incorporated service counters for fresh fish, meats, and delicatessen, as well as a fresh bakery section.

    The store stocks more than 10.000 food SKUs, as well as 6.000 non-food SKUs. Customers can pay for their groceries at one of the five served checkouts or four self-scan checkouts.

    The building that houses the Eurospar Supermarekt in Limena is newly built. The store is run by 37 SPAR team members, 30 of whom are newly hired.

    Eurospar Bologna

    Eurospar Bologna services a catchment area of more than 15.000 people.

    Just like the store in Limena, the new store in Bologna is run by 37 SPAR team members, 30 of whom are newly hired.

    The new supermarket is geared towards facilitating a convenient shopping experience – from the presence of a large outdoor parking space to the integration of the both staffed and self-service checkouts.

  • La Piece and Habillez-moi are integrating MySizeID solution

    La Piece and Habillez-moi are integrating MySizeID solution

    My Size, the developer and creator of smartphone measurement solutions, announced that two French retail brands, La Piece and Habillez-moi, are integrating MySizeID into their e-commerce websites.

    Ronen Luzon, Chief Executive Officer of My Size, stated “We are pleased to add these popular French retailers to our client roster. Our strategy of expanding our footprint in Europe is bearing fruit.”

    France online retail market at $129.0 billion

    France is at the forefront of fashion apparel, which is estimated to reach over $9 billion in 2020.

    It is also one of the biggest ecommerce countries in the world and has an online retail market that’s expected to reach over $129.0 billion by the end of 2020.

    According to data from the Centre for Retail Search, online sales in France account for 6% of total retail sales and ecommerce accounted for 4.27 percent of the country’s GDP in 2019. 

  • Czechs plan to spend less in shopping centers than before Covid-19

    Czechs plan to spend less in shopping centers than before Covid-19

    Ipsos Research results suggest that a decrease in shopping centre traffic can be expected in Czechia.

    Before the pandemic, two-thirds of the population visited shopping centers at least once every 14 days, most often people from large cities with more than 100,000 inhabitants. 

    However, 24% of visitors now plan to visit shopping centres less frequently or not at all. Only 5% are planning more frequent visits, especially regular visitors.

    A decrease in spending in shopping centres can also be expected

    Before the pandemic, the normal spend per visit was between CZK 500 and CZK 2.000. 

    A quarter of visitors (24%) says that it will now spend less money in shopping centres, only 3% plan to spend more.

    Women and young people under 35 want to spend less.

    7 out of 10 Czechs are not worried about visiting shopping centres

    For greater sense of security, visitors would welcome more disinfection, checking compliance with hygiene regulations and limiting more people.

    The concern of a part of the population is also confirmed by a significant increase in the number of visitors preferring to transport to the shopping centre by own car (63%, before the pandemic it was 51%) at the expense of public transport.

    In early June, 42% of people restricted public transport due to fears of contagion, while 64% tried to avoid places with higher concentrations of people.

  • SPAR Greece opens a new supermarket in Hersonissos, Crete

    SPAR Greece opens a new supermarket in Hersonissos, Crete

    SPAR Greece is continuing to increase its retail presence by partnering with independent retailers and opening more supermarkets under the SPAR Brand across the country.

    The latest store to open is in a touristic area of the island, Hersonissos, in Crete, creating four new jobs.

    The independent retailer behind this latest opening, Mr Christodoulakis, is an experienced business owner, who already operates three SPAR Supermarkets in the same area.

    The newest SPAR Supermarket is 400sqm in size and was converted from a retail tourist clothing store.

    The service departments located around the perimeter include a butchery, delicatessen section, cheese counter, and bake-off counter.

    Due to the current trading environment as a result of the pandemic, no formal launch has been held, but local customers have responded positively since the store opened on 25 June. 

  • SPAR supports local communities in Sardinia, Italy

    SPAR supports local communities in Sardinia, Italy

    SPAR Italy is assisting households in Sardinia facing the economic consequences of the coronavirus emergency on the island.

    A large part of Sardinia’s revenue derives from tourism, an industry that is still struggling with huge losses. Since the start of the COVID-19 outbreak, many people in this industry have lost their source of income.

    How SPAR initiative works

    The initiative, called ”Together for Sardinia”, aims to support households in need, by donating products or financial support.

    Customers at retail stores will be able to purchase a basket of local foods at a discounted price.

    The basket comprises staples such as tuna, cheeses, olive oil, pasta, and preserves. In total, 5% of the sales income will be donated to support local households in need.

  • Klarna enters Spain retail market

    Klarna enters Spain retail market

    Klarna officially launches in Spain by introducing ”Pay in 3”. Shoppers who use Klarna in a retailer’s checkout will be able to buy online and split their purchase into three equal payments with no added interest.

    Klarna will go live with Michael Kors at the end of July with many more well-known brands to follow shortly.

    With the launch of ”Pay in 3” (”Paga en tres plazos”), Spanish shoppers will be able to spread the cost of their purchase over three instalments, charged every 30 days.

    The payment solution comes at no interest or fee when users pay on time. A

    long with the new offer, Klarna will also introduce the Klarna app shortly which allows users to keep track of their payments, pay off existing payments, as well as find inspiration. 

    Spain is more digitalized as ever

    Klarna is launching in Spain at a time when the Spanish society becomes more and more digital.

    According to Statista, revenue from eCommerce in Spain is expected to grow on an annual growth rate (CAGR 2020-2024) of 7.6%, resulting in a projected market volume of €22.9 billion by 2024.

    This is also shown in other figures: 7 in 10 Spaniards between 18-65 years old bought online in 2019, which represents almost 20.3 million people.

    Although the computer is still king, is the fact that the use of mobile for eCommerce grows steadily year over year and it is already being used by 53% of online shoppers (VI Annual Study of eCommerce in Spain, IAB Spain and Elogia, 2019).

  • SPAR Hungary offers ten products made from recycled materials

    SPAR Hungary offers ten products made from recycled materials

    SPAR Hungary products made from recycled materials include seven Re-Generation bags made from recycled PET bottles as well as fully recyclable food containers.

    The bags’ outer fabric, lining, shoulder straps, and handles are produced using 100% recycled PET bottles.

    The bags carry a clear indication showing how many PET bottles were used to produce each item. For example, the backpack is made from the recycled material from 20 bottles.

    The organic reusable food containers from the brand Koziol include a two-piece food box set, a two-piece lunch box set and a flask with a projected lifespan of over ten years.

    A total of 90% less energy is used during the production of these containers compared to that used when producing their equivalents using glass, ceramic, and aluminium.

    As part of a popular loyalty programme SPAR Hungary is running until 27 September, the items in the range can either be purchased at full price or at 66-70% of the original price when using loyalty points.

    Customers earn a loyalty point for every HUF1,000 spent. With 20 stickers, it is possible to buy one of the ten products at the indicated reduced price.

  • METRO to invest 1 billion Rubles in support measures for restaurants

    METRO to invest 1 billion Rubles in support measures for restaurants

    METRO Russia is taking the initiative to launch a dedicated support campaign for the hospitality businesses’ crucial restart endeavors.

    The support efforts are focused on drawing customer traffic to Horeca establishments and easing their financial pressure in the wake of the lockdown, two common challenges facing the gastro sector in their reopen.

    The total investment of all support measures running from June to August is estimated to be up to 1 billion Russian Rubles (approx. 13 million EURs).

    Specifically, prices in the categories of “Fresh” and “Ultra-fresh”, typically in high demand of restaurant businesses, are reduced.

    In addition, from May 20 to June 30, the company offers restaurant customers a cashback of 20% for purchases in July and a 30-day payment deferral.

    METRO Partner for restaurants

    To help drive more customer visits to restaurants, METRO Russia is also launching a program called METRO Partner supporting about 3,000 restaurants nationwide who have signed up for the project.

    All METRO Russia customers now get discount coupons after their shopping at METRO, for them to redeem in the restaurant of their choice.

    Those restaurants are able to get reimbursed for the amount of redeemed discounts in their purchasing in METRO stores.

    METRO Russia local store teams check and work with the restaurants and cafes to ensure their complete compliance with the government and industry guidelines.  

  • Carrefour launches a food marketplace in France

    Carrefour launches a food marketplace in France

    Available on the Carrefour.fr website, the marketplace will feature more than a hundred retailers and up to 100,000 products that will complement its daily product range by the end of 2020.

    With this online marketplace, Carrefour will give customers easy access to a complementary product offering while enabling vendor partners to display their catalogues on its site.

    The platform is developed in partnership with Mirakl, a French company that has established itself as a world leader in building online marketplaces.

    What kind of food is avaible on Carrefour.fr marketplace

    Carrefour.fr website is selling complementary products that are in line with the trends that its e-commerce customers appear to be following:

    • a preference for organic and natural products,
    • products that are good for people’s health,
    • gourmet foods,
    • regional / local products,
    • world products,
    • gluten- and salt-free products.

    The product categories concerned are grocery items, beverages (wine, beer, spirits and soft drinks), hygiene/beauty care products, pet supplies and childcare items.