Ecommerce appears to have reached a tipping point, as new figures suggest that mobile devices are now behind all online sales growth. Analysis from etail trade association IMRG and Capgemini has found that sales via desktop have flatlined, with all online growth now coming as a result of sales through (more…)
Online shopping will be worth £50bn a year by 2018, when one in every seven retail pounds will be spent over the internet, a new study has claimed. That means ecommerce growth of almost 50% over the next five years, according to Verdict Retail. The study came as figures from (more…)
John Lewis is planning for the UK’s first mobile Christmas, rounding off a year in which it passed its £1bn target for online sales 12 months early. More than 40% of its online traffic, said the John Lewis Partnership , now comes from mobile phones or tablets. Its transactional mobile (more…)
It’s time to take action to stop the rot of empty shops, even more so when the crucial role that stores will play in an omnichannel retail future is fast becoming clear. That’s one conclusion of the Local Data Company’s latest report into the national shop vacancy rate, Shopped Out. (more…)
Networked high streets which use big data and wi-fi to offer shoppers personalised daily deals, real-time pricing depending on the time of the shopping trip, and facial recognition-based payment are all foreseen in a report out this week. The Grimsey Report concludes that bricks and mortar retailing is no longer (more…)
The percentage of online sales completed through a mobile device – that’s both smartphones and tablets – has doubled in the space of a year, according to two sets of figures from IMRG/Capgemini and Affiliate Window’s monthly benchmark, illustrating just how quickly the popularity of using mobile devices for online (more…)
Vinicultural zeitgeist setters and all round superb wine merchants Majestic Wines [Can I have a free case of red please? – Ed] has launched a new e-commerce website, designed specifically to work across multiple devices and to bring together all that the company offers into a cross platform centre of (more…)
Ecommerce sales fell in July for the first time in 13 years, according to new figures. The IMRG-KPMG eRetail Sales Index suggests that online retail transactions fell by 2% in July compared to June. July sales were up just 9% on the same month last year, in itself the weakest (more…)
UK retailers Boots, Argos, House of Fraser and The Hut Group will be among the first in Europe to offer MasterCard’s new crosschannel payment solution, MasterPass. The MasterPass digital service enables shoppers to store details of a variety of payment, store and loyalty cards, as well as their shipping and (more…)
Online sales last month enjoyed their fastest growth since Christmas, according to new figures out today, after warm June weather encouraged shoppers to update their wardrobes and spend on both on gardening and DIY. The figures, which also show rising high street sales, being hailed as evidence that the “UK (more…)
The cream of the UK’s online and multichannel industry gathered at London’s Heron Tower last night for the Internet Retailing Awards 2013. Hundreds of partygoers queued around the block as they waited to be whisked in glass-fronted lifts, travelling at 24mps, to the full-to-capacity event, eager to find which of (more…)
Asos this week reported a 45% lift in retail sales to £196.3m in the third quarter of its financial year, compared with the same time last year. The news was followed the following day by luxury brand Mulberry’s announcement of online sales up by 21%. However the company turned in (more…)
Europe continues to account for the largest share of the global business-to-consumer ecommerce market, with the UK leading the way, according to a new survey published by European ecommerce umbrella organisation Ecommerce Europe. Total ecommerce revenues were up by almost a fifth to €311.6bn in 2012.
Excitement is mounting as the first round of voting in the Internet Retailing Awards today reaches its conclusion with the long-awaited publication of the retail names who have been commended in the awards.
N Brown Group said today that its online revenue had grown by 15% to £424m in its latest financial year, and now accounted for 55% of its total home shopping revenues. More than a quarter (26%) of its online visitors and 23% of its online sales now came via mobile (more…)
Tesco chief executive Philip Clarke today pledged that the supermarket would work to become “the best multichannel retailer for customers.” The pledge came as Tesco announced its first fall in annual profits for almost 20 years, but as it showed online sales surpassing £3bn for the first time, following growth of (more…)
At IRX on Tuesday 20 March, 2013 we are launching the results of our research into the top trends for 2013. In conversation with retail leaders, ecommerce professionals and commentators we’ve surfaced 15 trends. But since 15 for 13 doesn’t have the same symmetrical ring as ’13 for 13′ we (more…)
Social commerce will emerge as a key shopping channel as the face of retail changes in years to come, a series of new reports out this week suggest. One report, by retail analysts Conlumino for Webloyalty, predicts that 31% of High Street stores will close by 2020 as more people (more…)
On the day that HMV has called in the administrators, we take a look at what went wrong for the last big high street entertainment retailer of the 20th century. When HMV this morning suspended its shares on the stockmarket and said it was calling in the administrators, it confirmed (more…)
Play.com plans to cut more than 200 jobs as it closes its direct retail business to concentrate on its marketplace operation. It says the move to phase out direct sales comes as a result of last April’s ending of Low Value Consignment Relief (LVCR).