General

Prime Day, Amazon's annual bargain festival, may start this year on 13 October. For a moment it was feared that the two-day festival, with high discounts and exclusive deals, would not take place at all due to the corona crisis, but now there seems to be a date.

The online shift caused by the corona crisis is being exaggerated, according to a report by GlobalData. Consumers still buy the most in the physical store, even during the lockdown. E-commerce needs the brick and mortar store very badly.

Two real estate investors take over the bankrupt US department store chain JCPenney. They hope to secure the future of their indoor shopping centres, but this reasoning meets with a certain amount of scepticism...

Belgian contacts webshop LensOnline has broken its record turnover last semester. Covid-19 has finally allowed e-commerce to break through to all parts of the population, the company says.

The creditors of the German department store chain Galeria Karstadt Kaufhof agree to the restructuring plans, renouncing billions of euros in debts. Nearly 50 stores and 5,000 jobs will be lost.

Dutch online platform Bol.com has officially expanded to the French-speaking part of Belgium with the implementation of the French version of its app. The Ahold Delhaize subsidiary is now looking to expand with local partners.

Dutch non-food discounter Action has opened its first two Czech stores - the eighth market in which the chain is active. A further expansion is planned soon, at the same time as the company is taking its first steps into e-commerce.