Online retail continues to rise as interim results roll in

Sales figures from interim results for several large retail brands show buying goods and services online is still increasing in popularity

Sales figures from interim results for several large retail brands show that online buying is still increasing in popularity.

Argos, John Lewis, and Waitrose all saw an increase in online sales, and internet retail group Ocado saw a 15.5% increase in gross retail sales year-on-year.

Ocado’s weekly web orders increased by 17.4% year-on-year to 163,000 as consumers spend more time surfing the web.

Tim Steiner, Ocado’s CEO, said: “This performance also further demonstrates the ongoing shift to online grocery shopping.”

Last year, the retailer signed a deal with Morisons to provide logistics and distribution operations to deliver online groceries.

Home Retail Group, which owns Argos, saw online sales grow, and represented 44% of Argos sales. Sales through mobile devices also grew, and now represent 22% of total sales for the retailer.

Argos unveiled its first digital concept store last year as part of the company’s aim to become a digital retailer over the next four and half years.

John Lewis saw a 25.6% year-on-year increase in online sales, which now account for more than 30% of all merchandise sales, with its Click & Collect service accounting for more than half of the John Lewis online orders.

Argos also saw growth in its own similar service, and claimed Check & Reserve on mobile phones was its fastest growing segment, increasing by 36%.

The Click & Collect trend is growing in popularity, with UK retailers storming ahead of the US in the provision of order online and collect services for consumers.

Read more on IT for retail and logistics

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