French online retail sales could top 100 billion euro in 2019 By Reuters

French online retail sales could top 100 billion euro in 2019

PARIS (Reuters) – French shoppers are on course to spend over 100 billion euros on online in 2019, a rise of at least 8% on last year, as they splurge some 20 billion euros on web purchases over the Christmas period, France’s Fevad e-commerce federation said.

French consumers spent 18.3 billion euros ($20.24 billion)online during the festive season in 2018, which also encompasses Black Friday sales, according to Fevad.

Amazon’s push into France has put pressure on traditional retailers such as supermaket group Carrefour (PA:) to step up their online strategies, spurring growth in the sector. France is one of the leaders in Europe for online grocery shopping.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Source link