After a disappointing first quarter, Easter failed to deliver a boost to subdued online retail sales, with April recording sales growth of just 5.2% year-on-year. According to the latest IMRG Capgemini eRetail Sales Index, this compares poorly to a very strong performance in April of last year (+12.5%) but continues an ongoing trend of subdued […]
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]]>As the high street reported the steepest year-on-year drop in footfall since 2010, UK online retail sales increased by 18.9% in March. According to the latest figures from the IMRG Capgemini e-Retail Sales Index, March’s results round out a hugely successful first quarter, which saw average growth perform well above the 2018 forecast (+15.3% vs. […]
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]]>Department store Debenhams has revealed its Christmas trading was disappointing and has warned that annual profits will fall below expectations as a result. Analysts had been expecting annual profits to be about £83m, but following its Christmas performance the retailer has now said should the current “competitive and volatile environment” continue, the underlying pre-tax profits […]
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]]>As smartphone touch payments are beginning to replace credit cards, and shopping from an iPad gets easier and easier, there is no doubt that the industry is experiencing a digital retail revolution. However, while at first glance e-commerce seems to offer a low barrier of investment entry and limitless global opportunities, it also comes with […]
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