Skip to main content

UK eRetail Purchases Reach All-Time High

According to IMRG, UK internet shopping reached a new all-time high in October. The IMRG Index reached 2675, eclipsing the previous high of 2602 recorded for December 2005. Sales for October were estimated to be worth 2.73 billion pounds.

E-retail has grown at its fastest ever rate in 2006, increasing by an average of 50 million pounds per month during the first ten months of the year. During the same period two years ago, in 2004, the average growth rate was just 16 million pounds per month.

The IMRG Index is expected to climb at least a further 30 percent between October and the peak month of December, in line with IMRG's earlier estimate of 7 billion pounds for the 10-week run-up to Christmas, which therefore remains unchanged.

Ian Tansley, Head of Web Selling at John Lewis Direct, commented "October has been another fantastic month for with sales 70 percent ahead of the same period last year. There has been particularly strong growth in sales of TVs, electrical appliances (including washing machines, dryers and dishwashers) and lighting."

"Dabs had an excellent month in October with strong sales across a host of categories," advised Marketing Director, Jonathan Wall. "Laptop computer sales grew in excess of 100 percent year-on-year, closely followed by flat panel TVs and digital storage. Our festive peak seems to be starting earlier than in previous years with customers seemingly determined to get their hands on the latest products before they potentially go into short supply."

Popular posts from this blog

Wireless Solutions Advance Work from Home Trends

Despite a challenging backdrop from the ongoing effects of the global COVID-19 pandemic, the negative impact on fifth-generation (5G) wireless supply chains has been minimal compared to the wider mobile smartphone market. This led to 5G mobile devices becoming more diverse, brought to market quickly at a variety of price points, thereby accelerating affordability and adoption. The mobile market is transitioning to 5G and many leading vendors are now exploring the low-priced 5G smartphone segment. According to the latest worldwide market study by ABI Research, 681 million 5G handsets will be shipped in 2022. Therefore, the race is on for OEMs to find that all-important level of differentiation in their flagship portfolios to help boost margins and improve market share. 5G Wireless Market Development Vendors continue to drive the adoption of new product designs, screen technology, chipsets, and camera setups -- notably within the flagship smartphone segment. Meanwhile, the leaders seek a

Software-Defined Infrastructure: The Platform of Choice

As more organizations adapt to a hybrid working model for their distributed workforce, enterprise CIOs and CTOs are tasked with delivering new productivity-enabling applications, while also seeking ways to effectively reduce IT cost, complexity, and risk. Traditional IT hardware infrastructure is evolving to more software-based solutions. The worldwide software-defined infrastructure (SDI) combined software market reached $12.17 billion during 2020 -- that's an increase of 5 percent over 2019, according to the latest market study by International Data Corporation (IDC). The market grew faster than other core IT technologies. The three technology pillars within the SDI market are: software-defined compute (53 percent of market value), software-defined storage controller (36 percent), and software-defined networking (11 percent). "Software-defined infrastructure solutions have long been popular for companies looking to eliminate cost, complexity, and risk within their data cente

Digital Identity Verification Market to Reach $16.7B

As more enterprise organizations embrace the ongoing transition to digital business transformation, CIOs and CTOs are adopting new technologies that enable the secure identification of individuals within their key stakeholder communities. A "digital identity" is a unique representation of a person. It enables individuals to prove their physical identity during transactions. Moreover, a digital identity is a set of validated digital attributes and credentials for online interactions -- similar to a person's identity within the physical world. Individuals can use a 'digital ID' to be verified through an authorized digital channel. Usually issued or regulated by a national ID scheme, a digital identity serves to identify a unique person online or offline. Digital Identity Systems Market Development Complementary to more traditional forms of identification, digital identity verification systems can enhance the authenticity, security, confidentiality, and efficiency of