This week check out the infographic to see the differences between sales made online versus shopping in-store!
As we discussed the death of the high street in the future of retail post, this infographic provides visual insight on how it has occurred.
The high street or ‘bricks and mortar’ has been facing a clear decline in the past few years. The impact of digital and advancements and technology has led customers to shop online rather than in-stores. The statistics in this post illustrate how dramatic the digital impact has been on in-store sales.
As you can see, online sales are taking the spotlight for modern shoppers. As well as this, with more stores closing down each year we may not have any choice BUT to shop online in the near future…
We hope you enjoyed this post, the data featured was sourced from the following:
Centre for Retail Research (2018) –http://www.retailresearch.org/whosegonebust.php
E-commerce News (2018) – https://ecommercenews.eu/51-uk-consumers-prefer-to-shop-online-than-in-store/
Macro Trends (2018) –https://www.macrotrends.net/stocks/charts/AMZN/amazon/revenue
The Office for National Statistics (2018) –https://www.google.co.uk/amp/s/www.telegraph.co.uk/news/2018/08/16/one-every-five-pounds-spent-uk-retailers-now-online-figures/amp
The Office for National Statistics (2017) –https://www.ons.gov.uk/businessindustryandtrade/retailindustry/bulletins/retailsales/december2017
– Alice x