Online retail sales fell at their highest rate in history last month despite overall spending remaining high amid fears the online boom could be coming to an end.
June saw online retail sales fall to record breaking lows dropping 14.1 per cent year-on-year throughout the month, according to the latest figures from the IMRG Capgemini Online Retail Index.
While the steep drop was partially due to tough year-on-year comparatives, having seen ecommerce growth hit a 12-year high in 2020, month-on-month comparisons were also well below pre-pandemic levels.
