In the three years since the pandemic began, significantly more retailers have closed in Bavaria. According to the trade association, there were a total of around 6,500 shops in 2020, 2021 and 2022 – almost 800 a year would be normal. Of course, the pandemic is not to blame for all closures, said managing director Bernd Ohlmann, but it was the cause of the “dramatic increase”. The number of retailers in Bavaria has fallen to less than 58,000, although some...
Rising prices and the weakening economy are causing About You problems again. On Tuesday, the online fashion retailer announced a sales increase of 8.3 percent to 554.9 million euros for the past quarter. In the first two quarters of the 2022/2023 financial year, however, the increase was 19.4 and 8.9 percent, respectively. At the same time, the adjusted operating loss rose to EUR 43.1 million from EUR 30.5 million in the same period of the previous year. The company cited...
Home pageconsumerCreated: 1/10/2023 5:01 amFrom: Marc DimitriuSplitSymbolic picture: The shoe oasis had to file for bankruptcy. © IMAGO/Luca LorenzelliCorona pandemic, Ukraine war and high inflation: the past few years have not been easy for many companies. Now the shoe oasis had to file for bankruptcy. Nassenfels – More and more companies are suffering from the difficult economic situation that has prevailed since the beginning of the corona pandemic. Especially the The fashion industry seems to have been hit hard. After...
Not only are energy prices rising in Germany, food has also become more expensive. According to Rewe, there is no end in sight to the price increases in the food trade. The suppliers are also to blame for this. more Read the message at www.tagesschau.desource site
online retailer Amazon makes commitments in EU competition proceedings The retailer Amazon makes several concessions in the EU competition proceedings. photo © Soeren Stache/dpa-Zentralbild/dpa A number of allegations against the online retailer Amazon were investigated in the EU competition proceedings. Now they want to make concessions, even if they have a different opinion, according to the company. Amazon makes concessions in favor of other retailers on its platform in the EU competition proceedings. Among other things, the group undertook not...
electronics retailer Ceconomy expects further delivery bottlenecks The more than 1000 Media Markt and Saturn stores should continue to play an important role in the Ceconomy group. Photo: Armin Weigel/dpa © dpa-infocom GmbH Popular products could also become scarce again in the coming Christmas season. In any case, Germany's largest electronics retailer is preparing for disruptions in the supply chains with its Media Markt and Saturn chains. Germany's largest electronics retailer Ceconomy (Media Markt, Saturn) expects problems due to delivery...
Status: 05/06/2022 08:26 a.m Amazon reports success in fending off purchased reviews on its websites. Three internationally active rating companies have therefore stopped selling product reviews on Amazon. According to the US online retailer Amazon, it has made progress in the fight against purchased user ratings on its website. After long legal disputes, three international rating companies have stopped selling positive product reviews and other ratings on Amazon. This is reported by Dharmesh Mehta, the manager responsible for the topic...
Amazon reports a net quarterly loss for the first time in almost seven years. The group posted a minus of 3.8 billion dollars. Overall, this means a decline in operating profit within the year from 8.9 to 3.7 billion dollars.The main reason for the poor past quarter is a $7.6 billion write-down on Amazon's stake in electric car maker Rivian. Shares in Tesla's rival fell more than 50 percent in the first quarter of 2022. But even apart from that,...
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A Dutch dealer has apparently the new DJI mini 3 Pro leaked, giving the corresponding product page put it online ahead of time and thus gave an outlook on the design and the most important specs of the drone. Unfortunately, there is not much left of the page content in the meantime, so the reaction was probably quick. The leaked information promises at least a 1/1.3-inch CMOS sensor with support for HDR video, video recording in 4K at 60 fps...
