Customers will spend 1.4% less in town centres this year because they are buying online and in out-of-town shopping areas instead
Verdict estimates that town centre spending will fall by 1.4% to £117,643m in 2012
Online retail sales have grown by 113% over the last five years
More than 80% of mums said they shop online for their children and themselves at least once or twice a month
and almost 90% said they like to “feel like they are getting a bargain” when they buy.
Some 71% of British people now shop online
only 14.9% of British businesses sell over the internet
81% of the UK population use the internet at least once a week
UK internet users make almost a third of all their purchases online, 32% of their total shopping budget online
The study also found that 96% of European internet users now research their purchases online, while 87% shop online and 19% do all their shopping online.
Europeans, the study found, spend 14.8 hours online each week. Those using a computer spend the most time online, at 13.3 hours, compared to 9.4 hours for those using a mobile phone, 9.3 hours for tablet-users and 6.8 hours for games console users.More than half (51%) of the consumers quizzed said the internet helped them to choose better products and services, with 47% inclined to find out more about products they see advertised online and 46% saying they often visit the website of their favourite brand
A related study this week put a figure of £4bn on the UK’s paid search market. The Econsultancy Paid Search Agencies Buyer’s Guide found the market would rise in value by 14% in 2012 and would reach £4.19bn by the end of this year
shopping centres had lost 38.4% of their capital value since 2007
Around 71% of these centres are more than 20 years old
The UK retail sector has seen capital values fall by 31% since June 2007 and rental values fall by 8.3%
Just over £1 in every £10 spent in a UK retail transaction in February was spent online
10.7% of all UK retail sales were made over the internet – or £1.07 in every £10
The bulletin put the weekly average spent online at £573.6m
Up to four in 10 high street stores will close over the next five years as online shopping becomes more important
40% of shops could close as retailers look to rebalance their portfolios in the light of strong and growing sales through ecommerce and mobile phones
The report comes in the week that the Boston Consulting Group forecast that 23% of UK retail sales would take place online by 2016
Shoppers in the UK spent a total of £6.8bn online during December, 25% more than December 2009
Some 86% of over-55s shop regularly spend online, while 36% say they do most of their shopping on the internet,
53.4% said online goods were better value
British shoppers spend more than 2.4 hours a week shopping online
But though they spend less time shopping, it seems men spend more than women, parting with £273.15 in total (£127.93 online and £145.22 in store) compared to just £212.78 (£105.42 online and £107.36 in store) for women each month.
16% of 18 to 24-year-olds said they preferred the anonymity of buying online.
British online shoppers spent £68bn in 2011, £77bn to be spent online during the course of the year (2012) up by 13%
45 million Britons use a mobile phone and 49% of mobile buyers surveyed by Forrester Consulting use their mobile phones to purchase products at least once every three months
You won’t need your wallet to go shopping on Britain’s high streets in 2016 according to a new report by PayPal, which says in its report ‘Money: The Digital Tipping Point’ that 2016 will be the year when UK shoppers will be able to use their mobile phones to pay for things on the high street with digital money rather than cash, cheques or cards
80% of the 1,360 people they quizzed said the best prices were online
More than a third said they found it easier to spend online, and 15% said they had laid out more than £1,000 on a single purchase. Some 91% of people said they preferred shopping online to the high street, with 40% citing their hatred of queues and 41% opting for greater choice online.
By 2014 less than 40% of retail spending will be on the high street, according to the study, which also found that over the past decade out of town retail floorspace has increased by almost a third while in towns it has shrunk by 14%.
It has been a tough year in the world of retail. The latest government-commissioned report found that a third of high streets are failing,
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