The footwear retailer Schuh is shutting down its 3 German stores to place its focus on the business the company is running in the UK, Ireland, and the Channel Islands. If you want to know the reason why the company is doing so and find out who can help you with PayPal micropayments UK, just follow the lines below.
Schuh Closing All of Its German Stores
The footwear retailer has 3 German stores in Oberhausen, Ruhr Park, and Essen. All of them are going stop operating starting from June 22. However, this doesn’t refer to online sales: customers will continue to make purchases through the German online store.
Apart from these 3 stores, Schuh has 133 stores in the UK, Republic of Ireland, and the Channel Islands. Germany was the 1stEuropean market where the retailer started its business after deciding to expand outside the UK and Ireland. In Germany, the 1st store opened in Oberhausen. Then, came Ruhr Park, and Essen in 2016.
Why did this happen? According to the company, the reality has changed since it opened its 1st store in 2015. On the other hand, the impact of Brexit is playing a significant role as well.
Schuh Focused on the UK: NeedPayPal Micropayments UK?
Schuh was established in 1981 with its head office in Scotland. According to managing director of Schuh Colin Temple, they feel sorry that they won’t continue to be part of the Schuh/Genesco family moving forward. As temple notes, the markets have undergone major changes in today’s ever-evolving retail landscape.
What about you? How are you going to navigate through these changes? Who can help you with reliable payment-processing services, e.g., PayPal micropayments UK? Well, for this, you just need to work with a reputable payment-processor comparison company in the UK that can discover the best deal for you.
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To sum up, the footwear-retail company Schuh is ending the operation of all its 3 stores in Germany by June 22. The company has decided to concentrate more on its businesses in the UK and Irish markets with the purpose of expanding them.
To expand your own business and take it the next level without challenges, you should find a respectable merchant-services provider in the UK. For this, just consider working with a reputable payments expert that can help you come up with the right solution.
Author Bio: Payment industry expert Taylor Cole is a passionate merchant account expert who understands the complicated world of accepting credit and debit cards at your business. His understanding of the industry, including PayPal micropayments UK, has helped thousands of business owners save money and time.