Home delivery expert ParcelCompare says todays ONS retail sales figures for January show online growth slowing. The parcel and home delivery experts ParcelCompare says the growth in internet sales, which have been propping up retail for many months, fell back sharply in January with year on year growth of just 9.1% - e-commerce was growing at 19.2% in January 2017.
Published: 17 February 2018
Only a quarter (25 percent) of shoppers are excited about this weekend's sales, with a further 40 percent agreeing the event is overrated. Retail insight: The top items on shoppers’ wish lists are clothes (52 percent), toys (31 percent) and laptops (27 percent)
Published: 2 December 2017
ParcelCompare’s Head of Consumer Research, David Jinks MILT, says: ‘Online and High Street sales are in opposite worlds. Online Department store sales soared 19.2 percent and clothing and shoes 17.9 percent YOY in October. But High Street Department store’s sales volumes actually fell by -0.1 and fashion sales fell by -1.8 percent YOY’.
Published: 30 November 2017
We’ve been waiting for the pay squeeze to filter through to the high street, and at first glance today’s numbers aren’t good news on that front. A decline of 0.3 percent is the first annual drop since March 2013. But the numbers aren’t as bad as they look. A 0.3 percent drop is better than the 0.6 percent fall which was forecast.
Published: 28 November 2017
The impact of 3D printing on online shopping and the High Street has been massively underestimated. Comment from David Jinks ... View Article
Published: 29 October 2017
The currency markets are clearly paring back bets that the Bank is going to raise rates imminently thanks to these latest figures, though the odds are still very much in favour of a rate hike. The stage is now set for a big decision from the central bank on 2nd November.’
Published: 25 October 2017
The latest ONS retail sales statistics, released today, show August sales up 2.4 percent and department stores’ online sales growth ... View Article
Published: 27 September 2017