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IREU Top500 The Customer Report: 2018

IREU Top500 The Customer Report: 2018

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Tesco, Amazon, eBay, and the retail sales figures: a week of contrasts

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Tesco, Amazon, eBay, and the retail sales figures: a week of contrasts
Tesco, Amazon, eBay, and the retail sales figures: a week of contrasts
Today's Internet Retailing newsletter reports on a week of ups and downs. Tesco's online grocery deliveries were up – but its full-year sales and losses were both down, with the latter hitting a record low in the company's history.

Then, ONS figures showed, online sales were up, compared to a year ago, but down compared to next month.

Amazon and eBay both reported rising sales in the first quarter of their financial years, but Amazon reported losses at the bottom line.

The picture, however was more straightforward for Travis Perkin-owned Wickes, as it reported rising sales fuelled by multichannel innovations, while Zalando also showed the business was on the up as it opened its first technology centre outside Germany.

Today's guest comment comes from Andrew Jensen of IBM, who considers the advantages of the omnichannel customer experience.

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