Yes, we’re going on about it a bit but for good reason.
The most recent retail spending figures from the Office of National Statistics were announced today and show a decline of 0.4% in November compared to October.
But… within the report there are telling trends that once again cement the reality of consumer behaviour.
In October, the average weekly ONLINE spend was £546.4 million. In November it had rocketed to a £787.9 million, an increase of FORT FOUR PERCENT! Year on year, eCommerce has attracted 20% more custom.
As Laura Kuenssberg, the ITV Business Editor, says on her blog today, ‘Perhaps the move to online should be jut as much of a worry for those traditional retailers who arent’t moving with the times…’.
There’s an estate agency parallel there rather.