10/11/2008
Small Growth In Xmas Online Shoppers Predicted
A drop in online spending has been predicted for this Christmas, with only a 15% growth in internet shopping expected.
This is in stark contrast to the 54% year-on-year increase in online shopping in the UK last year.
According to figures published by IMRG and Capgemini, British shoppers will spend a total of £13.16bn in the fourth quarter of 2008, representing £215 for every person in the UK.
The data is calculated from 60 British online retail sites.
Capgemini's Mike Petevinos said: "Online sales look set to ride the economic storm and continue to be the place retailers can look for growth.
"Getting this channel right and overcoming the delivery issues of last year will be key."
Falling house prices, rising unemployment and growing fears of a recession have already hit traditional retailers hard.
Online sales of clothing, footwear and accessories are set to hit £1.26bn during October, November and December, according to the survey.
Sales are still expected to buck general economic trends and rise more than 25%.
Monday 8 December is forecast to the biggest UK online shopping day of 2008, with sales worth £320m.
(PR/JM)
This is in stark contrast to the 54% year-on-year increase in online shopping in the UK last year.
According to figures published by IMRG and Capgemini, British shoppers will spend a total of £13.16bn in the fourth quarter of 2008, representing £215 for every person in the UK.
The data is calculated from 60 British online retail sites.
Capgemini's Mike Petevinos said: "Online sales look set to ride the economic storm and continue to be the place retailers can look for growth.
"Getting this channel right and overcoming the delivery issues of last year will be key."
Falling house prices, rising unemployment and growing fears of a recession have already hit traditional retailers hard.
Online sales of clothing, footwear and accessories are set to hit £1.26bn during October, November and December, according to the survey.
Sales are still expected to buck general economic trends and rise more than 25%.
Monday 8 December is forecast to the biggest UK online shopping day of 2008, with sales worth £320m.
(PR/JM)
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Sharp Increase In Online Christmas Sales - BRC
New data has revealed there was a surge in online shopping in the run up to the Christmas period. The survey, published by the British Retail Consortium (BRC), said that an increasing use of tablets and smartphones, as well as fast delivery times added to the sharp rise in online shopping before Christmas.
12 September 2013
Morrisons Post Fall In Half-Year Profits
Morrisons supermarket has recorded a fall in its half-year profits. It cited "challenging" market conditions as a factor. For the half-year to 4 August 2013, pre-tax profits fell to £344m from £440m in the same period the year before. Total turnover or the period remained unchanged at £8.
Morrisons Post Fall In Half-Year Profits
Morrisons supermarket has recorded a fall in its half-year profits. It cited "challenging" market conditions as a factor. For the half-year to 4 August 2013, pre-tax profits fell to £344m from £440m in the same period the year before. Total turnover or the period remained unchanged at £8.
29 May 2013
Royal Mail To Launch 'Click And Collect' Service
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Royal Mail To Launch 'Click And Collect' Service
Royal Mail has said it is to launch the UK's largest 'click and collect' network later this year. The service will help support the growth in online shopping by the public. It will also provide a greater choice of convenient parcel delivery options for online retailers and their customers.
21 February 2014
ONS Figures Show Year-On-Year Increase In Retail Sales
New figures from the Office for National Statistics have revealed a 1.5% drop in retail sales in January, down from a pre-Christmas boost of 2.5% but still 4.4% up on January 2013. Comparing year-on-year figures for January there was an 8% increase in non-food sales, with sales of household good increasing by 9.
ONS Figures Show Year-On-Year Increase In Retail Sales
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10 March 2010
Shoppers Unlikely To Return Online Goods
Almost two-thirds of UK consumers are less likely to return goods they buy online, compared to those they buy on the high street, according to the Department of Business. This is despite an extra right to a seven-day cooling-off period for online goods.
Shoppers Unlikely To Return Online Goods
Almost two-thirds of UK consumers are less likely to return goods they buy online, compared to those they buy on the high street, according to the Department of Business. This is despite an extra right to a seven-day cooling-off period for online goods.