Getir to leave Western Europe
Quick commerce company Getir is preparing to leave all the countries it is still active in, excluding its home market Turkey and – for now? – the United States. Thousands of jobs will be lost.
Rumours of Getir’s departure from these countries have been circulating for more than a week, but Sky News now reports the plans have become concrete and an official announcement would follow later this week. The company wants to leave Germany, the Netherlands and the United Kingdom – after pulling out of Italy, Portugal and Spain last year.
This is despite the Turkish company’s recent talks to acquire German market leader Flink, which eventually fell through. Earlier, Getir had also acquired Gorillas. It is not clear whether the quick commerce player wants to stay active in the United States: Getir bought New York e-commerce player FreshDirect from Ahold Delhaize only recently, but now that company is said to be for sale again.
In any case, the withdrawal comes with significant job losses: 1,500 jobs would be affected in the UK alone, and it is not clear how many jobs are threatened in the Netherlands and Germany. Flash delivery companies have experienced a steep rise during the Covid pandemic, but soon ran into trouble when buying behaviour returned to normal.
Retail Detail
Related news
Müller updates packaging to increase accessibility for blind shoppers
Müller is updating the packaging of all branded products with…
Read more >Shein unveils UK investment plans and launches ‘circularity fund’
Shein has pledged to invest £211m (€250m) over the next…
Read more >Aldi to open 10 new shops in the UK this summer as expansion continues
Aldi is planning to open more than 10 new stores…
Read more >Related news
Private brands make record gains in first half of year
Private label products reached new heights in the first half…
Read more >Müller updates packaging to increase accessibility for blind shoppers
Müller is updating the packaging of all branded products with…
Read more >Auchan has appointed a new product director
From July 1, László Varga will perform the duties of…
Read more >