Intelligent Retail EPOS Software blog - shopping tag

Online shopping growth in 2011

Wed, 05 Jan 2011 12:10:00 GMT

These days a website is a ‘must have’ part of running a shop for many independents and is where they forecast growth in 2011. With 51% of British Adults now shopping online and the user experience improving all the time, Capgemini the consultancy firm; sees significant further growth potential for online shopping.

2009 Boom Year for Online Retailers

Wed, 06 Jan 2010 17:05:00 GMT

Figures issued by IMRG and Retail Decisions show that 2009 online retail sales were at an estimated £49.8 billion, up 21 per cent from 2008. Up to thirty-three million consumers hit their computers. 30% of online sales took place in November and December, underlining the importance of the holiday period for retailers. The top 5 busiest days were all Mondays

Internet sales continue to rise

Wed, 22 Apr 2009 10:06:00 GMT

Internet sales are still continuing to rise. IMRG, the eCommerce industry body reported that internet sales rose year on year 19% in January, 12% in February and 15% on average over the last 6 months. This is less than the growth seen in previous years, but still notable in the current recession and according to James Roper the Chief Executive at IMRG this growth will “stay steady”.

What has helped to drive this growth is the availability of high speed broadband. 58% of British homes now have broadband and this figure is set to rise with the government launching the Digital Britain Report which sets out a way to bring advanced digital communications to all. This will drive more growth in internet retailing.

David Mackley MD at Intelligent Retail commented; "The internet has become a part of everyday life for UK consumers and for many is an integral part of their shopping routine. The internet is not all about low cost discounting, there are many different strategies retailers can use to increase business. Retailers who only have shop premises are missing out on a huge change in consumer shopping habits, whereas multichannel retailers are winning in this touch climate."

Online spending in 2008 reached record levels

Sat, 24 Jan 2009 07:10:00 GMT

Overall online spending in 2008 reached record levels for each individual month (IMRG Capgemini e-Retail Sales Index). UK shoppers spent over £4.67 billion online in December. This represents an equivalent of £76 for every person in the UK, an increase of 14.2% on December 2007. This growth comes despite the peak internet shopping weekend being on 29th and 30th November.