Retail trade - Wholesaler wants to supply smaller bookstores less frequently
Customers in smaller bookshops will soon have to wait longer for books they have ordered - at least if they are supplied by wholesaler Zeitfracht. "Zeitfracht Medien will discontinue overnight deliveries from February 1 for customers who have a particularly low annual purchase volume," Managing Director Wolfram Simon-Schröter told the Funke Mediengruppe newspapers (Thursday). Zeitfracht Medien, headquartered in Erfurt, claims to be the market leader in German book wholesaling.
The wholesaler intends to serve smaller bookstores only twice a week. This affects retailers who purchase goods worth less than 30,000 euros per year. Simon-Schröter justified the move with increased costs for personnel, energy, materials and transportation. According to the report, Zeitfracht's customers in German-speaking countries include 5550 bookstores and other stores that sell books. Around one in ten customers is affected by the discontinued overnight delivery.
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- Despite the change in delivery frequencies, Zeitfracht Medien, based in Thuringia's city of Erfurt, continues to serve a significant number of bookstores and retailers across Germany, including 5550 bookstores and other book retailers.
- The decision to reduce the frequency of deliveries to smaller bookstores in Germany by Zeitfracht Medien, the market leader in book wholesaling, affects around 10% of their customers, primarily retailers with an annual purchase volume below 30,000 euros.
- In response to the increased costs associated with personnel, energy, materials, and transportation, Berlin-based Funke Media Group's subsidiary, Zeitfracht Medien, announced that it would only supply smaller bookstores twice a week starting in February.
- Following the news of Zeitfracht Medien's decision, retailers in the trade industry in locations like Berlin and other cities in Germany may need to adjust their inventory and purchasing strategies to ensure they can meet the demands of their customers without facing delays in their book deliveries.
Source: www.stern.de