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 the online boom started in March 2020. Online sales have fallen from 37% of the entire retail market in February 2021 to 25% this June. ParcelHero’s head […]
Digital River, an experienced global commerce enabler for established and fast-growing brands, has revealed how the cost-of-living crisis has affected UK consumer habits. The new research, conducted by Opinium, explores how UK residents’ finances and general spending have changed over the past six months. eCommerce remains resilient When surveyed, over one in six (17%) adults […]
In the second quarter of 2022, the overall GB vacancy rate decreased to 14.0%, which was 0.1 percentage points better than Q1 and 0.5 percentage points better than the same period last year. This was the third consecutive quarter of falling vacancy rates. All locations saw improvements in vacancy rates in Q2: Shopping Centre vacancies […]
average price increases of 1.5% and 2.8%, respectively. This marks the highest rate of shop price inflation since the index first started in 2005. Food inflation strongly accelerated to 7.0% in July, up from 5.6% in June. This is above the 12- and 6-month average price growth rates of 2.8% and 4.4%, respectively. This is […]
Market Report: Retail sales dip in June, oil ends the week higher after volatile sessions UK Retail sales volumes fell 0.1% in June, as fuel, non-food and online volumes dip Surprise – proportion of online sales falls to lowest level since onset of lockdowns Brent crude is trading at around $104, as fears of a […]
Prime members purchased more than 300 million items worldwide during Prime Day 2022, making this year’s event the biggest Prime Day event in Amazon’s history. Topping the list in the UK, the Fire TV Stick with Alexa Voice Remote, HD streaming device was the most popular item purchased on Prime Day. And, more shopping means […]
Inflationary pressures and economic uncertainty are widening the gap between low- and middle-income consumers, who are preparing to tighten their grip on their finances, and high-income consumers who are able to maintain spending levels, according to the latest EY UK Future Consumer Index. The tenth edition of the survey of over 1,000 UK consumers found […]
Analysis from Freedom Finance, one of the UK’s leading digital lending marketplaces, finds that the retail store and online credit sector experienced its fastest ever start to a year in 2022 and looks set to reach further highs. Monthly updates from consumer finance trade body, the Finance & Leasing Association (FLA), show that new business […]
Covering the five weeks 29 May – 02 July 2022 Since the pandemic started, much of retail has bounced between being open and closed, impacting footfall significantly. To make meaningful comparisons to changes in footfall, all figures are compared to their pre-pandemic (2019) levels. This means our 2022 figures are year-on-three-years (Yo3Y). However, we have […]
The 4 July marked the launch of the Ethical Commerce Alliance (ECA), a new organisation formed to open industry debate around privacy and address ethical challenges online to give consumers back control over their digital rights. The new Alliance is an independent, open space for education and knowledge sharing about privacy and data protection. As […]
