Online news and archive

Two in five shoppers vow to shop online

While UK shops look to reopen on 15 June, research has found many consumers who turned to online shopping out of necessity intend to shop even more frequently online after lockdown ends. Older shoppers especially said they wil continue purchasing online. The news comes as the Covid-19 crisis is driving a new wave of online consumers as two in...

Retail

Retail sales jump in July thanks to strongest online growth in three years

Retail sales in the UK saw an unexpected jump in July thanks to the strongest growth in online spending for three years. Retail sales increased 0.2 percent in July compared to the previous month thanks to a 6.9 percent jump in online sales, according to the Office for National Statistics (ONS). Online sales for the month contributed 19.9 percent...

RetailFeatured

Online to make up 50 percent of retail sales by 2028 - research

Online purchases will account for more than 50 percent of UK retail sales in the next 10 years, up from 19 percent currently, new research suggests. According to the Digital Tipping Point report, commissioned by law firm Womble Bond Dickinson (WBD), the rapid growth will be driven by three main factors: the changing demographic of the UK adult...

Retail

Marks & Spencer introduces visual search for mobile

Marks & Spencer has introduced a new AI-powered ‘Style Finder’ tool to its website which allows shoppers to search for items in menswear and womenswear ranges using an image. Marks & Spencer teamed up with visual AI startup Syte to create the new feature which allows shoppers to upload an existing photo or take a new one of any outfit to explore...

RetailFeatured

Brits to spend record 1 billion pounds on Christmas day

It looks like slower online spending in the build-up to Christmas this year won’t deter people from spending big on the day itself. This year’s spending on Christmas day in the UK is set to reach one billion pounds for the first time, as more and more people look online to grab the best deals. The 1 billion pound milestone is largely thanks to a...