The report, commissioned by Kelkoo and undertaken by the
Centre for Retail Research, predicted that
online shopping would represent a fifth of all shopping this
Christmas - a 24% climb from £7.2bn last year to
£8.9bn this year.
The research predicted an increase in retail sales of
£832m, or 1.9%, over the festive period after overall
ecommerce sales fell by £27m last year.
It also predicted that if the etail sector's 24% annual growth
rate and the retail industry's 6% rate continue, then by December
2015 online sales will account for more than 50% of all Christmas
shopping.
Bruce Fair, MD of Kelkoo UK, said, "It has been a very tough
year for UK retailers, so a busy Christmas is the news they've been
waiting for. There has been talk of green shoots for some time but
it has taken a while for retailers to see any clear signs of a
recovery. A seasonal cash injection will help create jobs and
generate a renewed sense of optimism across the sector."
Shopping online is a convenient and cost effective way for
consumers to browse their favourite online retailers and ensure
that they get the best deal possible. Ukash is a globally
recognised alternative payment method that allows consumers to
shop, pay and play online using cash, and its principle aim is to
make online shopping accessible to everyone.
The anonymity of buying and spending with Ukash means that no
financial details are required from the consumer, enabling people
to shop online free from the risk of online identity theft. And as
Ukash does not require users to have access to a bank account or
credit card, those without can also benefit from the advantages
that can be gained from shopping online.
News information sourced from www.nma.co.uk