Online retailer Very.co.ukhas reported record-breaking Christmas sales.
Salesclimbed25.2% year-on-year in the sevenweeks up to and includingChristmas Dayat the Liverpool-headquarteredsite, part of integrated online retailer and financial services providerThe Very Group.
Retail sales across the group,which also operates Littlewoods.com,grew 18.1%.Overallrevenue, including financial services income, at Very increased 23.3% year-on-year, while overallgroup revenue grew 15.3% year-on-year to surpass £500m for the period for the first time.
The standout categories on flagship site Very.co.ukwere home and electrical,up 46.2% and 44.8% respectively, which the firm suggested may have been due to people spending disposable incomeon their homes whileunder COVID-19 restrictions.
Games sales were up106.4% following the launches of PS5 and Xbox Series X consoles.
Very.co.ukadded more than500,000 new customersandprocessed3.9m orders – peaking at 265 orders per minute – through thegroup’s new highlyautomated fulfilment centre, which launched in March 2020.
With150,000 customers a week usingtheAI-enabledVery Assistant chatbot, the firm saidcustomer service performanceimprovedwhile humancontactwith customersreduced 25% year-on-year.
Henry Birch, CEO at The Very Group, said:“We are delighted with Very’s outstanding performance, which shows UK families were moredetermined than ever to celebrate this Christmas, despite all the challenges of 2020.
“Because wesell everything our customers could possibly want except food, are online only and offer a rangeof payment options, we were perfectly placed to help a record number of people make the mostof the festive period.
“Christmas shopping started early at Very and our committed team worked tirelessly to deliver forour customers. Continued appetite for entertaining the family and home improvement during thepandemic resulted in strong growth across our electrical and homecategories, in particular.
“Our record-breaking performance was supported by our new fulfilment centre, which processed3.9m orders during peak; an incredible achievement for a facility that only launched in March thisyear, when the first national lockdown was announced.
“While the economic picture remains unpredictable, we have strong momentum as we beginthe year. I believe our resilient, flexible and proven business model, which is online, multicategoryand offers customers flexible payment options, will continue to help us thrive in 2021.”


