Hellenic Post (ELTA) will close 204 branches across Greece as part of a major restructuring plan aimed at improving efficiency and adapting to the digital era. The move follows a steep decline in traditional mail volumes and seeks to strengthen ELTA’s courier, e-commerce, and logistics services while expanding digital and home delivery options, especially for rural and elderly residents.
Tag: e-commerce
The estimated turnover in Greece, based on active users and the average annual purchase value…
Pavlos Hatzipaulidis, the founder of Pink Woman, passed away at the age of 61. The Intrafashion Group, led by Dimitris Matemtzi, announced his death and highlighted his significant contributions to the fashion industry in Greece, from founding Pink Woman in 2006 to expanding it to nearly 80 points by 2018. His legacy includes a strong network of physical stores and a notable presence in e-commerce.
Attica Department Stores is challenging a €400,000 fine for alleged deceptive pricing, arguing the penalty is disproportionate given the technical nature of the error, its swift correction, and the lack of any consumer harm. The company plans to pursue all legal remedies.
Chinese retailer Temu is under fire for selling a T-shirt with a slogan deemed insensitive to the Cyprus conflict. This controversy coincides with increased EU scrutiny of low-cost online imports, potentially impacting Temu’s European market share.
Online shopping has experienced a significant surge in Greece, with the percentage of consumers making purchases online increasing from 39% in 2019 to 58% in 2023. This growth is fueled by rising internet access and accelerated adoption during the pandemic. As more Greeks embrace digital shopping, e-commerce is poised to become a major force in the country’s retail landscape.
Backed by Alibaba’s recent investment, Connectly is pioneering the use of AI to enhance customer engagement through personalized messaging. Founded by Stefanos Loukakos and Yandong Liu, the platform is transforming how e-commerce retailers interact with customers, automating and customizing communications across various messaging platforms. With significant growth and a robust funding round, Connectly is positioning itself as a leader in AI-driven conversational commerce.
Greece is trailing in the EU’s digital transformation efforts, with only 43.8% of its enterprises reaching at least a basic level of digital intensity in 2023. As the EU pushes for more than 90% of SMEs to achieve this level by 2030, Greece faces significant challenges, with over half of its businesses still operating with very low digital adoption.
The Hellenic Post (ELTA) last week announced that they had begun charging at least €15…
According to the results of a survey conducted by The Association of Business and Retail…
