In This Issue
Sales in garden centres hit all time January high
Creating a Spring Fair social media buzz
Garden centres have been a vital link in Forest Garden's 2018 success
APAC lead the way with more than 10,000 product lines
Wyevale Wimborne Freehold to be auctioned
Prongcroft brings fresh approach to garden care
Are we heading for a great gardening year?
Adapting to Climate Change – We CAN and We WILL
Centre that defied Christmas ban is in liquidation
'Gear up for Garden ReLeaf Day' centres are urged
Smart Garden is GCA's favourite supplier for second year
Haskins Garden Centres scoops multiple awards
Tenth anniversary for Westland’s Rising Stars
Gardman Marie Curie bird feeder promotion is back, says Westland
Squire's Santa's Grotto visitors raise £19.5k for charities
IPM Essen show announces top new plants
Get your own copy of GTN Xtra
25% increase for Early Bird Garden product sales
Record January week for growing media sales
Wild Bird Care sales up by 33%
Onions continue to dominate Veg-2-Gro Top 50
Conference to provide practical advice and inspiration to new and seasoned exporters
Scholarship could kick-start bedding plant career
Online sales growth hits all time low in December
Hillier announces new charity partnership with Maggie’s
Haskins partners with primary school to donate houseplants
The best of last week's
Bents and The Old Railway Line win top awards at GCA Conference
Pictures from GCA Conference themed-party night
Top awards for garden centres at GCA conference
'Orse Racin' gets GCA Conference off to a head start
With Wyevale Garden Centres CEO and trading director set to depart, the plot thickens…
Hare Hatch Sheeplands owner’s delight over court decision
What were the bestselling garden products of 2018?
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All the latest news from the world of garden centre catering
New look for café bar at Squire's West Horsley
Feast in store for buyers at Casual Dining show
New-build Honiton centre now wants to add restaurant
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Online sales growth hits all time low in December

UK online retail sales growth hit an all-time low of just +3.6% year-on-year in December as retailers experienced a tough Christmas trading period to end a challenging second half of the year, according to the Capgemini IMRG eRetail Sales Index.

 

After online retail defied the downturn on the high street to record +16% growth in the first six months of the year, a series of lacklustre performances contributed to a lowly +8.4% growth for the second half of 2018.

 

Such was the impact of feel-good events like the Royal Wedding and FIFA World Cup, not to mention the glorious weather, that online retail sales across the whole of 2018 (+11.8%) were in fact still up on the start-of-the-year forecast of 9%.

 

However, the poor performance across H2 and December in particular, is evidence of low shopper confidence in the current climate. December’s growth rate of +3.6% was by some distance the lowest seen across the whole of 2018, and continued a declining trend – falling below the final quarter (+6.8%), second half (+8.4%) and 12 month (+11.8%) averages respectively.

 

As a reflection of the continuing uncertainty, Capgemini and IMRG have forecast that online retail growth will fall to +9% YoY in 2019.

 

Andy Mulcahy, strategy and insight director, IMRG: “The first half of 2018 was actually very strong for online retailers – it resisted and arguably benefitted from the tough climate that impacted trade for store retail. It is only the second half of the year where the suppressed confidence and spend, evident in so many other sectors, has spread to online retail; the macro-economic situation must be exerting pressure here, particularly with Brexit now entering its crunch period in Q1 2019.

 

Bhavesh Unadkat, principal consultant in retail customer engagement, Capgemini: “A sharp drop in online retail spending in December brings the rollercoaster of a year to a close, with the industry unable to recover performance in the vital festive period following a disappointing November. 

 

“There is a clear correlation between consumer confidence and consumer spending throughout the year. Conversion rates were actually high in December despite the poor performance, however the lower order value indicates that consumers were tightening the purse strings by taking advantage of promotions rather than purchasing more. This allowed discounters to take the share in the final month of the year. Retailers will need to think carefully on how to manage pricing strategies to protect share of the wallet in potentially quite uncertain times, and the evolution of the peak events will undoubtably be a focus of next year.”

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