Tag: Retail
Online sales see sharp decline in January, claims IMRG
In January 2023, ecommerce sales were down -2.2% Year-on-Year (YoY), that is against a massive decline of -22.5% in January 2022 Month-on-Month (MoM), January declined -28.7% relative to December. This MoM decline is sharper than typical for this time of year Traffic to online retail sites was down -5.2% YoY, against -7.7% in January 2022…
Just 1 in 7 Black Friday deals genuine, claims Which?
Only one in seven (14%) Black Friday deals offer a genuine discount, according to new Which? research which finds the vast majority of promotions are cheaper or the same price in the six months before the sales extravaganza. The consumer association analysed 214 Black Friday deals last year at seven major home and tech retailers…
Half of people don’t trust Black Friday deals, claims survey
While this year’s Black Friday (25th November 2022) is expected to be the biggest ever, new YouGov research shows that more than half (52%) of respondents don’t believe the offers and deals are genuine discounts. And four out of ten (41%) in a survey commissioned by price comparison site Price Runner think most of the…
Currys launches ‘cash for trash’ scheme
Tech retailer Currys has announced the launch of what it claims is the UK’s first-ever recycling scheme that gives monetary reward for old tech. Called Cash for Trash, the month-long initiative runs from 16th March to 15th April 2022 and calls on anyone in the UK to bring in any old, broken, or unused electronics to…
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…
Most Brits now expect same-day delivery, claims ParcelHero
Image: Parcelforce Worldwide There has been a big change in the way shoppers view same-day deliveries. New research from the home delivery expert ParcelHero shows over half of online shoppers now believe same-day delivery options are important. As recently as 2020, it was just 33%. The pandemic forced many people to…
Which? warns of Buy Now Pay Later debt risk
Which? is calling for stronger safeguards to stop online shoppers from choosing Buy Now Pay Later products without knowing the risks, as its new research reveals many people do not think they are taking on debt when using this payment method. Buy Now Pay Later (BNPL) has soared in popularity in recent years as a…
Half of Brits waste money on wrong devices, claims report
The use of technology in Brits’ daily lives is on the rise, yet 51% have invested in the wrong devices, 68% are overwhelmed when it comes to buying it and 77% are crying out for more real-life human support to help them get their hands on the right kit when shopping digitally. A survey from…
Brits to spend record £1.2bn online on Christmas Day
Brits will spend £1.2bn online on Christmas Day, as more people shop online than watch the Queen Over 11 million shoppers will jump online on Christmas Day to buy all the things they had wished for but didn’t get, says ParcelHero. Christmas Day is rapidly becoming one of the biggest events…