At 255 million francs, Swiss Post’s Group profit was down 149 million francs year-on-year. For Alex Glanzmann, Head of Finance at Swiss Post, the need for action is obvious and fundamental decisions need to be made about the future.
Whether from the sofa, commuting on the train or during lunch breaks, more and more people in Switzerland are buying goods online from around the world and having them delivered conveniently to their home. The new “Federal Tax Administration (FTA) Mail Order Regulation” for international consignments came into force on 1 January 2019 – and has resulted in lots of questions for Swiss Post.
A long-standing US tradition is gaining ground here in Switzerland, too. Stores and online shops compete for customers with Black Friday bargains. And shoppers are happy to take advantage of these sales. It is a joy that Martin Borer, Head of Sorting at the Härkingen parcel center, shares. Swiss Post is upgrading its facilities to ensure that goods ordered online can be delivered on time.