Marks and Spencer records 23% increase in multi-channel, online sales

Thursday 29 May 2014 14:29 CET | News

Marks and Spencer has recently published its revenues for the financial year 2013/14 that ended on March 29th 2014, according to which multi-channel and online sales surpassed the market and increased by 22.8% and 23% respectively, reports.

Moreover, group sales were up 2.7% to GPB 10.3 billion, whereas international sales rose 6.3%. 55% of the company’s online platform sales have been picked up in store, which confirms the multi-channel operations. Mobile sales have increased by over 90%. Sales from tablet devices have doubled and now account for about 25% of online sales compared with 15% in 2013.

The redesigned platform of the company offers improved search functionality, enhanced imagery and a better view of stock availability that is updated every 15 minutes and live at the checkout. The website is also built on a flexible platform to enable continuous technological improvement.

Marks and Spencer opened 55 new stores and now trades from 455 stores across 54 territories.

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Keywords: Marks and Spencer, multi-channel, online sales, ecommerce, international sales, online platform
Categories: Payments & Commerce
Countries: World
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