Fashion

Online sales surge as UK's stores reopen


Online sales surge as UK's stores reopen

The week that England’s non-essential stores reopened saw online retail
sales surge by 41.3 percent year-on-year, according to the latest IMRG
Capgemini Online Retail Index.

What’s particularly interesting is that for multichannel retailers,
despite their physical stores reopening on 15 June, online sales grew by 71
percent year-on-year, which is the highest growth ever recorded for this
group.

However, online clothing sales plateaued at 0 percent growth
week-over-week despite steep discounting.

“Multichannel retailers saw online sales go from strength to strength
despite a hypothesis that the ability to spend in re-opened stores would
decrease the reliance on online shopping,” Lucy Gibbs, managing consultant
– Retail Insight, Capgemini, said in a statement. “As lockdown eases in an
attempt to shift back towards the former pre-Covid-19 norm, the question
remains which consumer behaviours and trends will return, and which will
have changed for the long term? Have consumers’ shopping habits
irreversibly swung towards Online shopping rather than Instore shopping?

“Right now, it may be too early to unpick the patterns from consumers’
pent up demand being released by governments decision to relax these
measures, alongside an increased drive for consumer spending; it appears
moving retail front of mind is also potentially causing a halo effect in
digital sales.”

Photo credit: FashionUnited



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