Category: Retail
June online retail growth remains negative, says IMRG Capgemini
After May’s freefall, online retail sales growth dipped just -2.3% Year-on-Year (YoY) in June 2022. That’s according to the latest IMRG Capgemini Online Retail Index, which tracks online sales for 200 retailers. Whilst this is the highest growth has been to date in 2022, it is being compared against a result of -8.6% in June…
UK small businesses lost average of £15,600 a month due to serial refunders
Paymentsense’s annual Serial Refunder Report reveals UK small businesses lost an average £15,600 a month due to serial refunders in 2021. Due to the Covid-19 pandemic, online sales have increased by over 46% in the UK since 2020 and 38% of UK online shoppers now feel more confident in returning online purchases. However, this has also led…
April’s online sales results suggest digital retail boom is over
At a time of rising inflation, online retail sales fell 12% Year-on-Year (YoY) in April. That's according to the latest IMRG Capgemini Online Retail Index, which tracks the online sales performance of over 200 retailers. With last month’s results representing the first time in two years that the Index was not skewed by pandemic lockdown comparisons, expectations…
How to Build and Run an eCommerce Website With Zero Inventory
Creating an eCommerce website has become imperative for modern businesses. Whether you’re selling premium jewelry or handmade home decor items, you need an online store to build your brand. As blogger Leigh-Anne Truitt points out, an eCommerce website plays a key role in expanding your reach to new markets. Also, it helps you showcase and…
Online shopping now accounts for 30% of total UK spend
The world economy is still reeling from the effects of the pandemic. However, the e-Commerce industry worldwide has reaped benefits due to the COVID pandemic. According to statistics presented by StockApps.com, the UK registered the highest percentage of consumers shopping online at 29.6% in 2021. According to the numbers released by MasterCard, the share of online…
Most Brits now expect same-day delivery, claims ParcelHero
Image: Parcelforce Worldwide There has been a big change in the way shoppers view same-day deliveries. New research from the home delivery expert ParcelHero shows over half of online shoppers now believe same-day delivery options are important. As recently as 2020, it was just 33%. The pandemic forced many people to…
Which? warns of Buy Now Pay Later debt risk
Which? is calling for stronger safeguards to stop online shoppers from choosing Buy Now Pay Later products without knowing the risks, as its new research reveals many people do not think they are taking on debt when using this payment method. Buy Now Pay Later (BNPL) has soared in popularity in recent years as a…
Half of Brits waste money on wrong devices, claims report
The use of technology in Brits’ daily lives is on the rise, yet 51% have invested in the wrong devices, 68% are overwhelmed when it comes to buying it and 77% are crying out for more real-life human support to help them get their hands on the right kit when shopping digitally. A survey from…
Online retail sales record lowest-ever growth
Online retail sales fell by 19.8% Year-on-Year (YoY) last month – the lowest recorded growth in 21 years of the Index Though Month-on-Month sales grew by 40.4%, this was significantly lower than the 50% growth that is expected for this time of year November’s result was slightly below the 3-month (-14.97%) and 6-month (-12.64%) averages,…
Brits to spend record £1.2bn online on Christmas Day
Brits will spend £1.2bn online on Christmas Day, as more people shop online than watch the Queen Over 11 million shoppers will jump online on Christmas Day to buy all the things they had wished for but didn’t get, says ParcelHero. Christmas Day is rapidly becoming one of the biggest events…
