Tag: Retail
Online retail on growth path after two years of decline
In May 2023, UK online retail sales reported a -1.2% Year-on-Year decline Month-on-Month, the total market increased +2.4% from April Overall orders experienced growth (+2.1%) for the first time since peak season trading Clothing saw revenue growth in the final week of May after 12 weeks of declines Bank holidays and communal celebrations were major…
Online shopping: 8 tips to maximise your savings
When it comes to online shopping, savvy shoppers are always in search of new ways to maximise their savings, due to the continuing cost of living crisis and inflation at 10.1%. Fortunately, there are many less-known strategic methods for securing the best deals. Together with Nick Drewe, retail expert at online discounts platform, Wethrift, we provide a…
Online sales hold firm despite retail’s March mishaps
The amount of goods Brits bought in March fell by -0.9%. However, e-commerce sales shrugged off the slump as we all spent 0.8% more online, claims ParcelHero Today’s Office for National Statistics (ONS) retail sales figures for March paint a mixed picture. It’s likely that shortages of some foods, particularly fruit and veg, drove down retail sales…
Online retail sales continue to fall in February
In February 2023, UK online retail saw a -4.1% Year-on-Year decline in revenue There was a -7.8% decline in Month-on-Month growth from January February welcomed the first Week-on-Week total market revenue growth of 2023 at +1.4% (for w/c 19th Feb) IMRG reveals two new online retail categories in their index January blues seeped into February,…
Online sales growth returns to pre-pandemic levels
New analysis from IMRG has revealed that, for all the tumult of the past few years, online sales have actually grown by a similar amount that might have been expected if there was no pandemic. This analysis is drawn from the IMRG Online Retail Index, which tracks online sales for 200 retailers on a sample…
Online sales see sharp decline in January, claims IMRG
In January 2023, ecommerce sales were down -2.2% Year-on-Year (YoY), that is against a massive decline of -22.5% in January 2022 Month-on-Month (MoM), January declined -28.7% relative to December. This MoM decline is sharper than typical for this time of year Traffic to online retail sites was down -5.2% YoY, against -7.7% in January 2022…
Just 1 in 7 Black Friday deals genuine, claims Which?
Only one in seven (14%) Black Friday deals offer a genuine discount, according to new Which? research which finds the vast majority of promotions are cheaper or the same price in the six months before the sales extravaganza. The consumer association analysed 214 Black Friday deals last year at seven major home and tech retailers…
Half of people don’t trust Black Friday deals, claims survey
While this year’s Black Friday (25th November 2022) is expected to be the biggest ever, new YouGov research shows that more than half (52%) of respondents don’t believe the offers and deals are genuine discounts. And four out of ten (41%) in a survey commissioned by price comparison site Price Runner think most of the…
Currys launches ‘cash for trash’ scheme
Tech retailer Currys has announced the launch of what it claims is the UK’s first-ever recycling scheme that gives monetary reward for old tech. Called Cash for Trash, the month-long initiative runs from 16th March to 15th April 2022 and calls on anyone in the UK to bring in any old, broken, or unused electronics to…
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…
