Online retail sales still up but growth slowing according to IMRG Capgemini

Online retail sales were up 12.1% on average year-on-year (YoY) in 2017, according to the latest figures from the IMRG Capgemini e-Retail Sales Index. Compared to 2016’s YoY average of 15.9%,  the fall in annual growth is one of multiple indicators of a maturing market. Indeed, across the twelve months of 2017 only March and April showed…

Online retail sales up 15%, but growth through smartphones slowing

According to the latest figures from the IMRG Capgemini e-Retail Sales Index, UK online retail sales were up 15% year-on-year (YoY) in February, building on solid growth in February 2016 which was up 16% on the previous year. For the second month running, the average basket value was at a seven-year high for the month.…

UK online retail sales up – but electricals sector slumps

  There's good news and bad news for online sales. First the good news. Online retail sales were up 12% year-on-year in January. Now the bad. The electrical sector slumped by 12% over the same period. According to the latest figures from the IMRG Capgemini e-Retail Sales Index, the average basket value (ABV) for online…

Phones 4u goes into administration. Are EE and Vodafone to blame?

  Sad news for the 5,596 people who work for retail chain Phones 4u. Or anyone who has pre-ordered an iPhone 6 for that matter who will now probably not get their handset. The company went into administration last night and will not open its doors today.The reason, it seems, is because the mobile phone…

Rip-off Britain: UK shoppers pay more for technology

It's something that people in the UK have always suspected, but now Which? has made it official – Britons pay far more for new technology products than consumers in the US. The consumer watchdog compared the prices, excluding tax, of 13 identical products ranging from televisions and games consoles to desktop applications and security software and…

Expedia announces plans to accept Bitcoin payments

Expedia has become the latest e-commerce website to accept payments made from customers using Bitcoin as well as generic generic forms of currency. Though big news for Bitcoin enthusiasts (replete in their tinfoil hats and Ron Paul t-shirts), the acceptance…