DE4CC0DE-5FC3-4494-BCBF-4D50B00366B5
Retail

French Q2 Online Retail Sales Up 14.4%: Fevad

By Dayeeta Das
Share this article
French Q2 Online Retail Sales Up 14.4%: Fevad

Online retail sales in France rose 14.4% to €22 billion ($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.

Booming Online Sales

Sales generated on web-based marketplaces rose 14%, while sales via apps on tablets and smartphones grew by 20%.

The average value of each online purchase fell by €4 year-on-year to €63, 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.

ADVERTISEMENT

In 2017, e-commerce represented 8.7% of overall French retail sales, up from 7.7% in 2016.

News by Reuters, edited by ESM. Click subscribe to sign up to ESM: European Supermarket Magazine.

Get the week's top grocery retail news

The most important stories from European grocery retail direct to your inbox every Thursday

Processing your request...

Thanks! please check your email to confirm your subscription.

By signing up you are agreeing to our terms & conditions and privacy policy. You can unsubscribe at any time.