Online retail sales fell by -12.5% Year-on-Year (YoY) last month – a further drop on August’s -9.3% September’s result came…
Though not quite at January’s record-breaking levels, online retail sales in February continued to show strong growth, climbing by +69.5% Year-on-Year (YoY).
In response to the possible announcement of taxes on online sales and deliveries in Wednesday’s budget, Justin Opie, managing director, and Andy Mulcahy, strategy and insight director, IMRG, make the following comment.
The data reveals that peak holiday trading in November 2020 from the UK internationally was 42% higher than the same time last year.
Following November’s staggering performance, online retail sales growth in December remained high at +37% Year-on-Year (YoY).
Online retail sales growth in November soared to +39% Year-on-Year (YoY). This was building on +20% growth in November 2019, a year-high-rate for 2019
Online retail sales growth on Black Friday was very strong this year, coming in at +38%, with the full Black Friday week (defined as an eight-day period, Mon 23 – Mon 30 November) seeing growth of +30%. That figure is based on the daily online sales performance of 102 UK retailers.
Online sales were up +61% in first week of November, the strongest year-on-year growth since June
Overall online retail sales growth in October was a modest +35.7% Year-on-Year (YoY), compared to last month’s +42%
With non-essential stores now closed until December, IMRG are forecasting online retail sales growth in the range of +35-45% during the Black Friday peak trading period (23-30 November).
As the early summer surge evens out, the YoY increase dipped slightly below the 6- and 3-month averages of +44.87% and 43.77% respectively but was still well above the 12-month average of +25.75
Online sales growth was up + 43.5% Year-on-Year (YoY) in August, however sales were down again -4.1% Month-on-Month (MoM).
Online retail sales growth continued to soar by +41.3% Year-on-Year (YoY) during the week commencing June 14 (the week non-essential stores reopened)
Online retail sales growth was up an astonishing +32.7% Year-on-Year (YoY) in May, the highest annual result since March 2008
Online retail sales growth was up a staggering +23.8% Year-on-Year (YoY) in April, as high streets across the country remain deserted
In a month where Spring buying would typically set in, online clothing sales were down -23.1% Year-on-Year (YoY), according to the latest IMRG Capgemini Online Retail Index, which tracks the online sales performance of over 200 retailers.
Following a very slow start to the year, the UK’s string of winter storms failed to stimulate online demand as online sales growth for the month limped in at -0.4% Year-on-Year (YoY).
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, which tracks the online sales performance of over 200 retailers.
Despite forecasts of poor turnouts and a number of retailer boycotts, November’s annual discount days set online sales soaring last month, with a growth rate of +16.4% Year-on-Year (YoY).