Cnova Posts 8% Growth In Online Sales For H1 2017
Online retailer Cnova has reported that net sales increased by 7.6% on a like-for-like basis to €882 million during the first half of 2017.
The e-commerce company, which is part of Groupe Casino and operates the Cdiscount website, experienced a 10% increase in active customers to 8.4 million, with 442 million visits.
Orders totalled 12.2 million during the first half of the year, while the number of items sold increased to 23.6 million, from 21.6 million during the same period in 2016. Gross merchandise volume totalled €1,456 million, which represents an increase of 10.5% on a like-for-like basis.
Cdiscount has doubled the number of SKUs that were available at the beginning of the year, but the company plans to nearly quadruple the size of its direct sales product catalogue by the first quarter of 2018.
It also plans to expand its total distribution centre floor space to 580 thousand square metres, and extend same-day delivery in Paris from heavy products so that it is also available for light products for
© 2017 European Supermarket Magazine – your source for the latest retail news. Article by Sarah Harford. Click subscribe to sign up to ESM: The European Supermarket Magazine.