Payment: Klarna arrives on Adyen’s EFTPOS terminals Americas Europe Swedish deferred payment specialist Klarna is planning to expand a presence in the physical retail sector using Adyen terminals.…
Free Couche Tard, spurned by 7/Eleven, wants to continue negotiations Americas After the failed attempt to take over Carrefour in 2021, the US$38 billion offer from North American retailer Couche Tard (owner of Circle K stores,…
Amazon announces an end to remote working for administrative staff Americas On September 16, 2024, Amazon‘s CEO Andy Jassy announced the end of remote working for 350,000 administrative staff (i.e.…
Back Market takes a step into physical retail with Bouygues Telecom Americas Europe In the U.S.A. and France, Back Market is moving up the value chain and joining forces with Verizon and Bouygues. The marketplace is also due to sell via 15 stores.
[confidential] Veesual signs up Lululemon and Adore Me Americas According to our information, start-up Veesual added Lululemon and Adore Me to its portfolio. These companies will be testing the AI-powered virtual fitting solution.
Xavier Niel joins the board of directors of ByteDance, parent company of TikTok Americas TikTok has until the end of January 2025 to meet an ultimatum set by the USA. Meanwhile, Frenchman Xavier Niel joined the Board of Directors of ByteDance, TikTok's parent company.
In the U.S.A., pure-players account for 37% of back-to-school purchases Americas In the United States, sales of school supplies are expected to reach US$31.3 billion in 2024 (Deloitte).…
Ikea and Walmart rely on marketplaces to boost second hand sales Americas While Walmart is introducing new categories of second-hand products to its marketplace, Ikea is testing a version of C2C digital marketplace. While this approach has not been successful for fashion retailers, what does the future hold for furniture?
In one year, 50% of UK TikTok users have bought on TikTok Shop Americas In both the UK and the USA, TikTok Shop is gaining market share in the fashion and beauty categories. In the first half of 2024, the TikTok e-commerce service became the 10th-largest e-tailer in the UK, and the 16th-largest in the USA.
Couche Tard offers US$38 billion for control of 7/Eleven Americas Three years ago, North American convenience stores specialist Couche Tard failed to takeover Carrefour. On August 19, the owner of Circle K stores (sales of US$69.3 billion in the year to April 2024 down by 3.6%) confirmed a takeover offer for 7/Eleven,…
