For us in the West, New Year feels like a distant memory. But, while we’re in the midst of ‘Dry Veganuary’, celebrations in China are just about to kick off, says Myles Dawson of Adyen, who has advice on how to win customers from shoppers during Chinese New Year – and beyond
UK online retail sales growth spiked unexpectedly to +9.4% Year-on-Year (YoY) in December, bringing 2019 to a positive close with a surprisingly strong Christmas trading period, according to the latest IMRG Capgemini Online Retail Index
Dixons Carphone today pointed to growing multichannel sales over its peak trading period – but overall sales were down. The retailer said it had had a good peak in a weak UK market and said it was on track to deliver its longer-term transformatioN
While UK retail may have taken a hit over the festive season, new research from Salesforce reveals that digital sales across the festive season actually grew 8% to $723 billion globally, driven by mobile.
Assessment of the retail market in the UK for 2019 makes grim reading: total sales for 2019 decreased by 0.1%, compared with 1.2% growth in 2018, making it the worst year on record, says the British Retail Consortium (BRC).
Online sales at Sainsbury’s over Christmas saw an impressive 7.3% growth in 2019, however, poor sales of toys and games at Argos dragged down overall results for the peak season, with the group seeing non-fuel sales drop 0.7%.