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Online-only retailers saw first sales drop since start of pandemic in July

August 10, 2021

Via: Charged

Online retail sales have continued to plummet for the third month in a row as spending continues to be “redistributed” and post-pandemic spending patterns begin to emerge.

UK ecommerce sales fell 9.6 per cent in July compared to a year earlier, following two consecutive record declines in June and May.

While the rate of decline fell significantly from June’s 14.1 per cent drop, it still fell well below the six-month and 12-month average growth rates of 13.44 per cent and 29.9 per cent respectively.

According to analysts at IMRG and Capgemini, who released the research, this slowdown could be due to the ‘pingdemic’ crisis driving thousands of shoppers back online.

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