Record online sales over Christmas period - Money - News - Moneyfacts

News

Record online sales over Christmas period

Record online sales over Christmas period

Category: Money

Updated: 13/01/2014
First Published: 13/01/2014

MONEYFACTS ARCHIVE
This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

Figures released by the British Retail Consortium (BRC) found that online shopping hit record levels in December 2013, with close to one-in-five non-food items being bought online.

In fact, online trading represented 18.6% of total non-food sales during the month (up from 16.5% in December 2012), while overall the survey found there was a 19.2% growth in total internet purchases from a year earlier – the fastest increase in nearly four years.

This rise in online shopping has been largely driven by a combination of rising tablet and smartphone use as well as innovative and flexible multi-channel offerings provided by retailers.

The likes of click-and-collect services, improved delivery times and significant investment in websites have all encouraged people to shun the high street in favour of the internet, which perhaps explains why physical store sales have continued to flatline.

There was some good news, however, with overall retail sales figures posting a "respectable" increase of 0.4% on a like-for-like basis from December 2012 thanks to a late rush in pre-Christmas trading.

According to Helen Dickinson, director general of BRC, retailers are hoping that "a continuing boost from post-Christmas sales events [will get] 2014 off to a promising start."

What Next?

For those that want to make the most of the January sales throughout the year, why not check out our section of exclusive voucher codes and discounts

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

Related Articles

Would you spend more for a character property?

We all have our own ideas of what makes a dream home, and for many, character features are at the top of the list. But how much more would you be willing to pay for those kinds of additions – and could they even help you save money in the future?

A quarter of Brits have fallen victim to a scam

Think you know how to spot a scam? It may not be as easy as you’d think, with 25% of Brits admitting that they’ve been the victim of one in the past, and a further 73% are concerned about being scammed in the future.

Brits’ bad spending habits revealed

Many of us like to think that we’re good with money, yet there are often things that get in the way of regular saving and financial security. Solution Loans has taken a look, and has identified the bad spending habits that leave us in the red.
 
Close