Tag: online sales

December 19, 2022

Ikea has seen its online sales double against 2019’s pre-pandemic figures, with overall sales increasing by 13%, equivalent to £2.2bn. However, the Swedish furniture retailer’s profits fell to £49.6m, down from £61.2m in 2021. “Against the backdrop of financial uncertainty […]

September 20, 2022

Online retail sales tumbled by -4.1% year-on-year (YoY) in August 2022, marking the 17th month in a row of negative growth since May 2021, according to the latest IMRG Capgemini Online Retail Index. This decline reverses the positive progress seen […]

May 2, 2022

It’s no surprise that ecommerce has practically taken over the global economy. Annual online sales worldwide are expected to climb to a staggering $6.5 trillion by 2023. But alongside that dizzying sales growth, we’ve also witnessed a growing consciousness about […]

March 8, 2022

The $100 billion U.S. DTC market is growing among American consumers, according to PipeCandy’s analysis of around 21,000 brands. Per Diffusion’s 2022 Direct-to-Consumer Purchase Intent Index, 65% of consumers surveyed said they planned to buy from a direct-to-consumer brand in […]

February 15, 2022

January 2022 has seen the lowest rate of online retail growth ever recorded in 22 years of tracking, with a decline of 24.4% year-on-year (YoY), according to the UK’s ecommerce association IMRG. Alongside this, IMRG’s index, which monitors the online […]

February 9, 2022

Some 42% of online retailers are failing to measure checkout conversion, the most important metric for completing online sales, despite an online cart abandonment rate of 68%, according to Fetchify. The data validation specialist found that 35% and 42% of […]

January 12, 2022

The results of the report were driven by several trends, including early holiday shoppers, social commerce and flexible payment options. Because consumers wanted to avoid supply chain issues and stockouts, 30% of holiday sales worldwide were completed by Nov. 22. […]

December 28, 2021

Retail is undergoing an unprecedented transition. Ecommerce has been on the rise, and then COVID-19 happened, rocking the industry to its core as stores around the world closed and online sales skyrocketed. Amid all of these changes, sustainability has moved […]

December 21, 2021

In 2021, we saw a rapid increase of investment in marketplaces from established retailers and businesses, as well as technology platforms looking to boost commerce revenue and customer experience. Given the fast pace of adoption last year, industry experts have […]

October 29, 2021

Amazon’s disappointing results show that not even the e-commerce giant can escape the realities in retail. For the company, and e-commerce in general, the pandemic-related rise in online sales has ebbed as vaccinations have allowed people to return to more […]

August 30, 2021

Last year’s holiday season alone brought in $188.2 billion in online sales and retailers are already gearing up for another surge of orders for the upcoming 2021 season. Although preparing for this influx of orders may be top of mind […]

July 30, 2021

Stakeholders in most retail companies would be doing a happy dance after posting second quarter results that showed sales up 27 percent. For Amazon.com, however, the results showed a slowdown from more recent quarters as the easing of social restrictions […]

July 15, 2021

UK shoppers are expected to spend £120.5 billion online this year accounting for over 30 per cent of the total retail spending for the first time. Online sales are expected to grow by a further £10 billion, or nine per […]

July 1, 2021

Ecommerce sales prevented a collapse in household spend in the first quarter of 2021 according to logistics expert ParcelHero. The study by ParcelHero found that household spending fell significantly from January to March year-on-year and it was only the meteoric […]

June 9, 2021

Online retail sales saw their largest drop in volumes ever recorded last month, falling nearly 10 per cent as consumer confidence returns to pre-lockdown levels. UK online retail sales fell by 9.1 per cent in May compared to the same […]

May 21, 2021

Online sales fell 5.6 per cent in April as shoppers returned to high street retailers in their droves dealing what analysts are calling a “body blow” to the ecommerce sector. According to the latest figures from the Office for National […]

May 18, 2021

Walmart on Tuesday reported first-quarter earnings that surged past Wall Street’s estimates as the company reported strong grocery sales and e-commerce growth and raised its outlook for the year. Shares were up more than 3% in premarket trading. The big-box […]

April 19, 2021

Marks and Spencer have announced they are to increase their online capacity with the development of its Bradford distribution centre. The announcement comes as the part of the company’s rapid-moving ‘never the same again” initiative. The warehouse is being set […]

April 13, 2021

Online retail sales growth has continued to rise throughout March, despite the promise of the high street opening up in April. IMRG’s Capgemini Online Retail Index, which displays the sales performance from over 200 retailers, shows that online sales have […]

March 31, 2021

They say you can never go back. Nowhere is that more true than the retail market, which has seen a fundamental shift among consumers in the wake of the pandemic. Online is now the preferred method of shopping. The question […]