According to the latest results from the IMRG Capgemini eRetail Sales Index, online retail sales suffered a rather disappointing end to H1. Recording a month-on-month decline of 5%, it’s the worst drop in sales between May and June since 2008 – read the full press release here.
The announcement, which was issued to the media on Monday, was picked up by selection of key retail and business press, including titles such as Retail Week, Internet Retailer, Internet Retailing, Retail Gazette, Essential Retail, Retail Systems, Watch Pro, My Retail Media, The Business Finance Magazine and Payment Magnates.
Capgemini’s vice president, head of retail consulting and technology, Chris Webster, features in a selection of the news pieces, commenting: “Online sales during H1 have been generally consistent with our earlier growth forecast of 17%, but at 14%, the lowest quarterly growth in two years, Q2 has been heavily skewed by June’s poor performance.
“The figures reveal just how influential a turbulent economy can have on our shopping behaviour. The current uncertainty around interest rates has resulted in a dip in consumer confidence, and as a result, we’re still happy to buy the everyday items, but we’d prefer to hold off on those expensive treats.”
See also IMRG Knowledge blog: 7 things we learned from the IMRG Capgemini e-Retail Sales Index June 2014