December was the best month for U.K. e-commerce in 2019. Online retail sales saw a sharp increase to 9.4% year-on-year growth in December, according to the latest Online Retail Index, jointly published by Capgemini and British e-commerce consortium IMRG. For the quarter, online sales recorded a growth rate of 11.3%, bucking an overall downward trend in retail. Overall, the year ended on a somber note for U.K. e-commerce, as the sector recorded its lowest annual growth rate on record with 6.7%. Online pure-players were the one bright spot amid a struggling sector, according to Lucy Gibbs, managing consultants-retail insights at Capgemini.
Source: Forbes January 26, 2020 23:48 UTC