Czech e-retailers set for record turnover in 2017

Czech internet retailers could achieve turnover of CZK 100 billion for the first time this year, Czech Television reported. While in 2012 Czech consumers spent around CZK 51 billion on online purchases, in 2016 the figure was CZK 98 billion and estimates suggest this year it could climb to CZK 115 billion.

E-retailers on the Czech market are anticipating a one-day bump in revenues of tens of percent next week on Black Friday – when many goods are discounted – and have been hiring extra staff to cover that day and the pre-festive season period.