French Q2 online retail sales up 14.4 pct
today Sep 10, 2018
Online retail sales in France rose 14.4 percent to 22 billion euros ($25.40 billion) in the second quarter, the country’s e-commerce federation (Fevad) said on Monday.
The figures reflect growth in a sector that has seen Amazon and others make inroads, putting pressure on bricks-and-mortar retailers like Carrefour to accelerate their own digital offerings, cost cutting and purchasing alliances.
Sales generated on web-based marketplaces rose 14 percent, while sales via apps on tablets and smartphones grew by 20 percent.
The average value of each online purchase fell by 4 euros year-on-year to 63 euros, but there was an increase in the frequency of purchases, the federation said.
Three of the most visited e-commerce websites in France are Amazon, CDiscount, owned by French retailer Casino, and online discount retailer vente-privee.
In 2017, e-commerce represented 8.7 percent of overall French retail sales, up from 7.7 percent in 2016.
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