E-Commerce

FERGUSON GROWS ITS ONLINE SALES

One of the biggest names in plumbing supplies had a strong performance in their online sales this fiscal year.

Ferguson is an UK based company with its majority sales in the US. They ended their 2021 fiscal year with a 14.3% increase in sales.

About 21% of Ferguson’s base of more than 1 million customers do their primary purchasing through ecommerce, compared with 68% in branches and 11% in showrooms. The company has a network of 1,679 branches.

Ferguson made several upgrades and a few changes to its online business model in fiscal 2021, according to the company’s just-released annual report. This may have added to their sales growth.

For the detailed story read : https://www.digitalcommerce360.com/2021/11/02/ferguson-grows-its-u-s-online-sales-by-38-in-fiscal-2021/

ecommanager

Recent Posts

OpenAI Launches GPT-4o: Revolutionizing Conversational AI

The new version of the ChatGPT AI chatbot has been unveiled and offers near-instant results…

23 hours ago

Fastest AI Supercomputer in the UK Comes Online

The U.K.’s fastest and most powerful supercomputer has come online to power AI training and…

2 days ago

Amazon to invest $1.3 billion in France, create 3,000 jobs

Amazon's 1.2 billion euros investment in France to create 3,000 jobs, enhance cloud infrastructure for…

3 days ago

BigCommerce names former Accenture executive as president

Coming off an upturn in 2023 business, ecommerce technology company BigCommerce is eyeing more growth…

6 days ago

The launch of Amazon South Africa is far from prime

Amazon has finally launched its South African store after announcing its intent last year in…

7 days ago

Sam Ash Closes Stores as Musicians Turn to Amazon

As Amazon gains share in hobby retail categories, specialty retailers such as Sam Ash are…

1 week ago