Search

Online retail news in brief (30 May 2018)

By IMRG

In case you missed them, we’ve pulled together a few online retail news highlights from around the web this week.

Here are some of the latest stories in online retail.

 

Average order value rises for 14th consecutive month

Online retail parcel delivery order volumes were up +13.9% year-on-year in April, according to the latest data from the IMRG MetaPack UK Delivery Index.

Easter, which usually provides a boost for retail sales activity, fell early this year (in March), so a dip in volumes may have been expected in April due to the tough comparator with last year (when Easter was in April). However, the monthly decline on March was actually only marginal (-0.3%).

Number of department stores falls 25% in under a decade

Lending platform Lendy has published a report which found that from 2009 to 2016, the number of large department stores in England fell by 25%, from 240 to 180.

Lendy attributed the drop to the rise of online shopping.

Lendy co-founder Liam Brooke: “The falling number of department stores shows they have borne much of the brunt of the shift towards internet shopping. Local authorities will have to consider whether they want to make it easier to change the use of department stores to being partly residential as it will be hard to fill these properties with new tenants. However, retail property can still be a successful investment as part of a diversified portfolio. As with all property, retail property investors must carefully consider all risks when deciding to invest in certain projects or not.”

Consumer Confidence Index falls in May

YouGov and the Centre for Economics and Business Research (Cebr) have announced that their Consumer Confidence Index has fallen in May. The figure stands at 108.4, after a score of 109.8 in April.

While a score of over one hundred means that more shoppers are confident than those who aren’t, there is a clear downward trend.

The Index found that job security fears, cooling property values, and slower business activity have driven the drop in confidence.

Consumer confidence index graph

Amazon Map Tracker rolling out further

Last month, Amazon soft-launched its ‘Map Tracker’ function, in which customers can track the progress of their delivery driver in real time.

Now, more US customers are getting the feature, which follows the delivery on a map, tracked with a GPS dot.

Currently, Map Tracker only works with Amazon’s own logistics services, and not third-party carriers.

JD.com rolling out in-car delivery

Online retail giant JD.com will shortly be introducing delivery to customers’ car boots. Car company NIO will offer technology that allows the retailer to locate the car, open the boot, deliver the order and lock the boot again.

Amazon recently announced its own car boot delivery proposition, which allows Amazon Prime customers (with certain makes and models of car) to order a delivery to their vehicle.

Cheese chasing champion has ‘nothing to prove’

Soldier Chris Anderson has won his 22nd Double Gloucester in 14 years of competing in Gloucestershire’s cheese rolling race, breaking the record for number of victories.

Runners race down Cooper’s Hill in Brockworth, (a 200m course on dangerously steep 1:2 incline) in an effort to be the first to get their hands on a wheel of cheese.

Anderson’s sage advice for success in the event: “Just run and try and stay on your feet."

The event ceased officially in 2010 due to health and safety fears, but has continued in an unofficial capacity.

Cheese chasers in action

Nothing to prove, everything to win

Join thousands of other Online Retail professionals

Get unique insights straight to your inbox for free, and improve your understanding of online retail. Subscribe to Online Retail Weekly now.

Fashion Connect 2020 scroll banner