Archive for January, 2010

UK non-food, non-store sales up 26.5%

By Jim Webster ⋅ January 12, 2010 ⋅ Post a comment

UK retail sales values were 4.2% higher on a like-for-like basis in December 2009 than the year before, according to the British Retail Consortium (BRC), but non-food non-store sales rose by over a quarter.
Non-food non-store sales were 26.5% higher than a year ago, compared with a 16.9% rise in November. “Some benefited from shoppers buying [...]

Tesco Direct sales up 50%

By Jim Webster ⋅ January 12, 2010 ⋅ Post a comment

Tesco Direct saw sales increase by 50% during the six weeks to 9 January, the retailer has reported in its Christmas & New Year trading statement.
“Online sales were very strong in both food and non-food with total online sales growth approaching 20% in the six weeks,” says Tesco. “In grocery we delivered over 100 million [...]

House of Fraser online sales up 91%

By Jim Webster ⋅ January 12, 2010 ⋅ Post a comment

House of Fraser has reported online sales up 91% on a year ago in its Christmas trading statement. Overall sales for the eight weeks to 2 January were up 7.1% on a like-for-like basis.
The boom in online sales was helped by a 50% increase in the brands offered online, the department store chain explains. Cosmetics, [...]

41% of consumers plan to spend more online next Christmas

By Jim Webster ⋅ January 8, 2010 ⋅ Post a comment

Four in ten consumers (41.3%) plan to spend more online next Christmas due to a positive online experience this year, according to the latest consumer insight research from eDigitalResearch.
The survey found that 75% of respondents went online on Christmas Day or Boxing Day. Fifteen percent placed an order online on Christmas Day and 23% did [...]

M&S Online sales up 32% in last quarter of 2009

By Jim Webster ⋅ January 8, 2010 ⋅ Post a comment

Internet sales were up 32% in the last quarter of 2009, Marks & Spencer has reported in its Q3 interim management statement. Overall, group sales were up 2.6%.
“We expect the trading conditions over the coming year to remain challenging as a result of continuing economic uncertainty, says Sir Stuart Rose, chairman of Marks and Spencer. [...]

Online sales hit £50 billion in 2009

By Jim Webster ⋅ January 8, 2010 ⋅ Post a comment

Retail Decisions (ReD) has calculated that internet retail sales in the UK hit £49.8 billion, up 21% from 2008. Overall, up to 33 million consumers made an online purchase last year.
“In 2009 30% of online sales took place in November and December, underlining the importance of the holiday season to retailers,” says Carl Clump, CEO [...]

SMEs move towards online marketing

By Jim Webster ⋅ January 4, 2010 ⋅ Post a comment

Small businesses are increasing their online presence as a means of attracting new customers and surviving the recession, according to new research.
A study by private banking firm Kleinwort Benson found that three-quarters of the 100 small and medium-sized businesses questioned intended to increase online marketing efforts in 2010, with 63 per cent stating that an [...]

Small businesses optimistic for 2010

By Jim Webster ⋅ January 4, 2010 ⋅ Post a comment

Small businesses are upbeat about their prospects for 2010, according to new research.
A study by private equity firm Bowmark Capital highlighted that two-thirds of small and medium-sized businesses expect sustained economic recovery during 2010.
It also revealed that low interest rates remain a top priority for businesses in the new year, with 80 per cent of [...]

Bank lending too high

By Jim Webster ⋅ January 4, 2010 ⋅ Post a comment

Businesses believe that bank-lending terms are exorbitant, according to research from finance provider Syscap.
A staggering 90 per cent of businesses believe that loan arrangement fees are excessive, while 75 per cent feel that the lending margins on loans are too high. Source the Small Business Channel

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