Retail Navigator AnalysiseBay (SWOT)
eBay has moved beyond its original business model and is now so much more than an auction site for used and discounted goods. It has become a viable sales channel for mainstream retailers such as Tesco and Argos, and around 75% of products are now sold at fixed price rather than via auction.
Retail Navigator AnalysiseBay (Financials)
eBay delivered a 3.2% rise in group sales to $10.1bn (£8.1bn) for the year ending 31 December 2023 (FY2023). eBay chief executive Jamie Iannone said “Last year, we made significant progress toward our vision to reinvent the future of ecommerce for enthusiasts.”
Retail Navigator AnalysiseBay (Strategy)
eBay’s strategy is to “leverage technology to enhance the marketplace experience for its customers to drive growth in Gross Merchandise Volume (GMV), while increasing the rate of revenue growth through its managed payments and advertising initiatives and delivering healthy operating margins”.
Retail Navigator AnalysisArgos (SWOT)
Argos is well-established as one of the UK’s leading ecommerce retailers. Sainsbury’s and Argos are clearly a good fit as the grocer strives to boost its multichannel credentials. By using excess space for concessions and collection points in Sainsbury’s supermarkets, it stands to reason that Argos’ standalone store network can be reduced with a significant reduction in operating costs.
Retail Navigator AnalysisNot On The High Street (SWOT)
The business is set to receive a boost in investment following its acquisition by US private equity firm Great Hill partners from early 2021. Management says it will use its new backing to expand the range of products sold on its marketplace and further deepen its reach into the small business community in the UK.
Retail Navigator AnalysisEcommerce at The Entertainer
Online is one of three pillars of growth for The Entertainer which has recently replatformed its website in partnership with LiveArea, creating a more refined customer journey for faster shopping, improved performance to support increasingly high levels of traffic and seasonal peaks and a new predictive search engine to help locate products.
Retail Navigator AnalysisMonsoon Accessorize (Strategy)
High-street retailer Monsoon Accessorize is forging ahead with a strategy to reinvigorate its business post a difficult period which resulted in a CVA in 2019.
Retail Navigator AnalysisEcommerce at Oliver Bonas
So far, much of Oliver Bonas’ growth has come from store expansion. But the founder of the business, Oliver Tress, wants that to change.
Retail Navigator AnalysisEcommerce at Yours Clothing
Ecommerce sales are a significant part of Yours Clothing’s success with the company making constant improvements to its platform and website content.
Retail Navigator AnalysisOliver Bonas (Outlook)
Not only facing supply chain pressures, the cost-of-living crisis undoubtedly continues to bring new challenges for the retailer, as consumers rein in discretionary spend. It will need to continue to keep a tight hold on inventory levels and ensure it has a robust pricing strategy to balance its margins in the year ahead.