Capgemini News Blog

Capgemini News Blog

Opinions expressed on this blog reflect the writer’s views and not the position of the Capgemini Group

Steepest online sales decline for six years

IMRG Capgemini e-Retail Sales IndexAccording to the latest results from the IMRG Capgemini eRetail Sales Index, online retail sales suffered a rather disappointing end to H1. Recording a month-on-month decline of 5%, it’s the worst drop in sales between May and June since 2008 - read the full press release here.
The announcement, which was issued to the media on Monday, was picked up by selection of key retail and business press, including titles such as  Retail Week, Internet Retailer, Internet Retailing, Retail Gazette, Essential Retail, Retail Systems, Watch Pro, My Retail Media, The Business Finance Magazine and Payment Magnates.
Capgemini’s vice president, head of retail consulting and technology, Chris Webster, features in a selection of the news pieces, commenting:  “Online sales during H1 have been generally consistent with our earlier growth forecast of 17%, but at 14%, the lowest quarterly growth in two years, Q2 has been heavily skewed by June’s poor performance.
“The figures reveal just how influential a turbulent economy can have on our shopping behaviour. The current uncertainty around interest rates has resulted in a dip in consumer confidence, and as a result, we’re still happy to buy the everyday items, but we’d prefer to hold off on those expensive treats.” 

See also IMRG Knowledge blog: 7 things we learned from the IMRG Capgemini e-Retail Sales Index June 2014

About the author

Tom Barton
Tom Barton
Tom’s career in communications spans 20 years in the consulting, telecommunications and music industries. He joined Capgemini in 2005 and led the merging of PR, web communications and internal communications into one team. This recognised the convergence of channels and platforms that support an effective communications programme for external and internal audiences. Before joining Capgemini, Tom was global head of media relations at PA Consulting Group, marketing and communications director at his own record label, and had various internal and external communications roles at Cable & Wireless. He plays guitar, darts and cricket, and is still trying to do the Times crossword.

Leave a comment

Your email address will not be published. Required fields are marked *.