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Online shopping is due to continue accelerating at greater speeds after the pandemic is over, according to Mastercard’s chief executive Michael Miebach.
Speaking to a virtual panel at CES yesterday,…
Read MoreOnline retail sales accounted for nearly half of all spend in December
Online retail sales skyrocketed 52.2 per cent throughout December as lockdown restrictions decimated in-store sales.
According to the latest data from Barclaycard, overall consumer spending throughout December dropped by 2.3…
Read MoreLast weekend was 2020’s biggest shopping event outpacing Black Friday by 40%
Retail sales far surpassed both Black Friday and Cyber Monday last weekend making it the biggest shopping event of 2020.
According to the latest figures from Barclaycard, which processes £1…
Read MoreMidweek Catchup: Cyber Monday disappoints and Balenciaga launches video game
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Superdrug to issue body cameras as it prepares for “even bigger spike” in violence this Christmas
Waitrose and Deliveroo expand partnership to 40…
Read MoreCyber Monday sales drop 10% following disappointing Black Friday
Cyber Monday sales in the UK fell nearly 10 per cent compared to last year, following a disappointing Black Friday for struggling retailers.
According to Barclaycard, which processes close to…
Read MoreBlack Friday 2020: Record breaker or lost cause? Here’s what the experts say
Black Friday is finally here, but like almost everything this year, it promises to be a totally different beast from previous events.
This year the sales extravaganza, which traditionally marks…
Read MoreConsumer spending sees biggest increase since before lockdown
Consumer spending saw its biggest increase since before the UK went into lockdown throughout September. According to the latest data from Barclaycard, consumer spending increased by two per cent year-on-year…
Read MoreSurge in online shopping over lockdown thanks to 102% rise in online supermarket shops
Consumer spending grew 0.2 per cent year-on-year in the month of August, thanks to a 102.7 per cent year-on-year rise in online supermarket shops.
New data from Barclaycard found consumer…
Read MoreUK is now a “subscription society” with the average Brit spending £552 a year on subscription retail services
Subscription retail services in the UK have experienced a massive boom during the coronavirus pandemic, rising a 39.4 per cent during July alone.
The UK has become a “subscription society”,…
Read MoreConsumer spending recovers as mandatory face masks encourage shoppers back to high street
Consumer spending is beginning to return to pre-coronavirus levels as mandatory face coverings encourage shoppers back to the high street.
In July UK consumer spending dropped just 2.6 per cent…
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