Category: Retail
8 Top Tips to Save Money on Online Shopping
With the cost of living crisis putting pressure on household budgets and Black Friday just around the corner, many of us are trying to be savvier when shopping online. With a bewildering array of websites and apps all claiming to offer the best products and services at knock-down prices, we've joined forces with Which? to…
Online shoppers spent 9.5% less this August than last year
New Government figures show the number of goods we bought in August fell by -1.6% compared to July, and an eye-watering -5.4% against August 2021. ParcelHero warns online spending was hit particularly hard, due to the dramatic rise in the cost of living. Last week's Office for National Statistics (ONS) retail sales figures for August…
Consumers are revolting against cashier-free checkouts, warns Parcel Hero
Amazon has reportedly scrapped plans to roll out additional Amazon Fresh stores in the UK. Shoppers are in revolt over the expansion of cashier-free checkouts. Tesco’s customers have launched a petition against its expansion of self-service tills, while Amazon has axed plans for dozens more checkout-free stores, as shoppers vote with…
Buy Now Pay Later to hit 900 million users by 2027
A new study from Juniper Research has predicted that the number of BNPL (Buy Now Pay Later) users will surpass 900 million globally by 2027; increasing from 360 million in 2022. This substantial growth of 157% will be driven by the anticipated economic downturn, which will increase the demand for low-cost credit solutions. BNPL schemes enable…
Has the online e-commerce bubble burst post Covid?
With online sales falling to their lowest level since March 2020 and Shopify and Amazon shedding staff, ParcelHero asks if e-commerce is the victim of its own rapid growth? The home delivery expert ParcelHero says people are shopping like it’s 2019. As the impact of Covid diminishes, UK e-commerce sales have fallen to their lowest level since…
June online retail growth remains negative, says IMRG Capgemini
After May’s freefall, online retail sales growth dipped just -2.3% Year-on-Year (YoY) in June 2022. That’s according to the latest IMRG Capgemini Online Retail Index, which tracks online sales for 200 retailers. Whilst this is the highest growth has been to date in 2022, it is being compared against a result of -8.6% in June…
UK small businesses lost average of £15,600 a month due to serial refunders
Paymentsense’s annual Serial Refunder Report reveals UK small businesses lost an average £15,600 a month due to serial refunders in 2021. Due to the Covid-19 pandemic, online sales have increased by over 46% in the UK since 2020 and 38% of UK online shoppers now feel more confident in returning online purchases. However, this has also led…
April’s online sales results suggest digital retail boom is over
At a time of rising inflation, online retail sales fell 12% Year-on-Year (YoY) in April. That's according to the latest IMRG Capgemini Online Retail Index, which tracks the online sales performance of over 200 retailers. With last month’s results representing the first time in two years that the Index was not skewed by pandemic lockdown comparisons, expectations…
How to Build and Run an eCommerce Website With Zero Inventory
Creating an eCommerce website has become imperative for modern businesses. Whether you’re selling premium jewelry or handmade home decor items, you need an online store to build your brand. As blogger Leigh-Anne Truitt points out, an eCommerce website plays a key role in expanding your reach to new markets. Also, it helps you showcase and…
Online shopping now accounts for 30% of total UK spend
The world economy is still reeling from the effects of the pandemic. However, the e-Commerce industry worldwide has reaped benefits due to the COVID pandemic. According to statistics presented by StockApps.com, the UK registered the highest percentage of consumers shopping online at 29.6% in 2021. According to the numbers released by MasterCard, the share of online…
