E-Commerce
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Jan- 2018 -19 January
December 2017 sees retail sales slump
The Office for National Statistics (ONS) has revealed that December 2017 had the weakest retail sales in over four years. The quantity of items bought in December decreased by 1.5% when compared with the stronger sales in November 2017. Although retail sales increased by 1.3% in December compared with the…
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12 January
Shoppers make 80% of retail purchases online
Online shoppers in the UK make 80% of their retail purchases online, up from 74%, according to a new report. The Royal Mail’s ‘Delivery Matters’ report found that the proportion of money being spent online has increased year on year. The average online shopper spends £40 each month on clothes…
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10 January
Investment boosts online sales for Buckley London
Fashion jewellery brand Buckley London has announced that it increased its online sales by 29% compared to the previous year. It attributed this growth to investment in the ‘customer journey’ over the last 12 months, saying it has implemented a host of improvements in 2017 to further enhance the shopping…
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Dec- 2017 -11 December
UK consumer spending set to be lowest since 2012
Consumer spending over the Christmas period is expected to be at its lowest since 2012, according to Visa’s UK Consumer Spending Index. Spending on the high street fell year-on-year for the seventh month in a row, dropping by 3.5%. This followed a 5.1% decrease in October, two of the worst…
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4 December
Jewlr’s Meghan Markle replica drums up huge sales following engagement
Online jewellery retailer Jewlr has brought a royal addition to its line-up of engagement rings with the launch of a replica of Meghan Markle’s engagement ring. Designed within hours of the royal engagement announcement, the online retailer revealed that ‘The Duchess’ has quickly become its best-selling engagement ring style since…
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Nov- 2017 -29 November
Black Friday online sales ‘stronger than expected’ with smartphones taking lead
The amount spent on UK online retail sites on Black Friday 2017 was up 11.7% to £1.39bn, according to data from IMRG. This was ahead of the original forecast of 9% growth for the day. Of that spend, 39% was completed on a smartphone, with the device taking the highest…
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24 November
Black Friday e-sales expected to surpass Boxing Day by 77%
Black Friday week total online sales are expected to reach £7bn this year, a 164% increase on 2014 and 77% higher than expected Boxing day total sales, according to global real estate advisor Colliers International. This is reinforced by the decrease in the number of Brits shopping on Boxing Day…
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23 November
Retail associations respond to ‘encouraging’ Autumn Budget
A number of retail associations have responded positively to the Chancellor’s Budget which was revealed yesterday (22 November). The British Retail Consortium (BRC) and NFU Mutual reacted to the announcement that the move from RPI to CPI indexation will be brought forward by two years to 2018, allowing for a…
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15 November
Fake Pandora sites scam shoppers with 70% discount offers
Customers are being warned of a number of fake Pandora websites popping up which are claiming to give up to 70% discounts off the jewellery brand. A ‘Pandora Scam Sites‘ Facebook page has been set up to alert others after shoppers complained that they were being scammed out of hundreds…
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15 November
Online retailers taking more ‘showroom stores’ as internet sales slow
A growing number of formerly ‘pure-play’ online retailers are taking physical stores as the rate of internet sales growth looks set to slow during the next few years. New research from Colliers International shows that by 2021, the rate of growth in e-commerce sales is expected to decline from the…
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