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Online Retail Continues to Rise

Online Retail Continues to Rise

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

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

The weekly web orders for Ocado 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 on-going shift to online grocery shopping."

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 and collect service accounting for more than half of the John Lewis online orders.

The click and collect service is growing massively throughout the UK, with retailers storming ahead of the US in the provision of online order and collect services for consumers.


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