Retail sales have increased slightly this past week over the past two weeks and stores are expecting further increases heading into the final shopping days before Christmas, the German trade association said Sunday.
“The calendar will provide us with an especially strong last-minute business,” said Stefan Genth, the head of the association. Genth said sales have been especially strong in big cities.
There have been record Internet sales. The trade group expects revenues of € 6.5 billion. For the Christmas shopping season, which covers sales in November and December, the association is predicting an increase of 1.5 percent to € 79 billion.
DPA/mw
Over 500 shops in Denmark will no longer offer the popular app MobilePay as a payment option after the platform ordered merchants to purchase new hardware.
The Dagrofa corporation, which owns chains including the Meny and Spar supermarkets, has announced it will remove MobilePay as a payment option in its stores, business media Finans reports.
The decision could impact less than 1 percent of payments in the store which are currently made using MobilePay, the company said.
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“The primary reason is that MobilePay will from now on demand a technical setup for the payment system in stores and with the investment that will neee, we have concluded that’s not the way we want to go,” Dagrofa’s head of communications Morten Vestberg told Finans.
Dagrofa owns the Let-Køb and Min Købmand convenience store chains in addition to Meny and Spar.
The decision will mean MobilePay is removed from some 530 stores altogether, although individual stores may choose to retain the payment app.
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