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Regular Industry Development Updates, Opinions and Talking Points relating to Manufacturing, the Supply Chain and Logistics.

-2.1% drop in online sales shows the High Street can still hold its own says ParcelCompare

18-Oct-2018
David Jinks MILT (pictured)
Head of Consumer Research, Parcelhero
-2.1% drop in online sales shows the High Street can still hold its own says ParcelCompare
Today’s ONS retail figures show sales are up 3%; and a -2.1 drop in the remorseless growth of e-commerce shows the High Street can fight back given the right conditions, says home delivery expert ParcelCompare.

Today’s Office of National Statistics (ONS) retail figures reveals September’s online sales fell back by -2.1% compared to August. The parcel price comparison experts ParcelCompare says this should give hope to beleaguered High Street retailers.

ParcelCompare’s Head of Consumer Research, David Jinks MILT, says: ‘These somewhat surprising monthly retail figures show shoppers made the most of mild autumn weather to return to the High Street for their autumn clothes shopping. In recent month’s the rise of e-commerce has been almost inexorable and this stutter in their growth will give heart to everyone keen to see our town centres stay at the heart of shopping.’

Says David: ‘Overall sales quantities were up 3% compared to September last year, and it was the High Street that gained much of the benefit of this boost.’

However, the large parcel delivery experts warned that the convenience and extra returns rights on online purchases mean High Street retailers will have to work hard to retain their market share. Says David: ‘Before traditional store owners start cracking the Champagne, it is worth noting that online sales were still up 11% on September 2017. Mild autumn weather alone can’t save the High Street, retailers also need to invest more in the whole in store experience; and of course the Government still needs to revisit astronomic business rates.’

For more information on domestic and retail parcel delivery see: parcelcompare.com

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