Internet sales hit record £13bn in first quarter
Your support helps us to tell the story
As your White House correspondent, I ask the tough questions and seek the answers that matter.
Your support enables me to be in the room, pressing for transparency and accountability. Without your contributions, we wouldn't have the resources to challenge those in power.
Your donation makes it possible for us to keep doing this important work, keeping you informed every step of the way to the November election
![Head shot of Andrew Feinberg](https://static.independent.co.uk/static-assets/support-us/andrew-feinberg.png)
Andrew Feinberg
White House Correspondent
Internet sales have hit an all-time high in the UK as price-conscious shoppers shun the high street in lieu of bargain-hunting online.
Through the first three months of the year, web sales passed the £13bn mark, a 50 per cent increase over the same period last year and equal to £213 for every person in the UK.
The figures, compiled in the IMRG e-Retail Sales Index, underline the growing importance of the web to retailers as the wider economy slows. "When the going gets tough, shoppers go online," said Jo Evans, managing director of IMRG. "We have seen this before during every downturn since the Index began, so can confidently predict that e-retail will buck the high street's flatline trend and continue to grow strongly during the year ahead."
The survey also found that shoppers are spending an average of one-third more per online shopping visit– £12 – than they did five years ago.
The numbers, which come amid a flurry of disappointing updates from high-street retailers, underlines retailing's nature as a zero sum game – web retailers' gain is the high street's loss.
Sales were especially strong in big-ticket categories such as electronics, where shoppers are willing to spend more time to find lower prices and have the added convenience of home delivery.
"Trade through March has remained strong despite tougher trading conditions in the market at large," said David Walmsley, head of internet sales at John Lewis Direct. "We have experienced especially strong sales across electricals and consumer electronics, with products such as Sony Bravia televisions and ... washing machines being best sellers for us."
Wine beer and spirits enjoyed the biggest gains – up 60 per cent through March, representing an annual total of £700m.
The jump coincides with the accelerating pace of pub closures, already struggling due to the smoking ban and poor weather. The British Beer and Pub Association estimates that about four pubs are closing every day, leaving a fifth less than there were 30 years ago.
The recent introduction of higher taxes on all types of alcohol looks to accelerate that trend. Like high-street retailers, that bodes ill for bricks and mortar operators but much better for web sellers.
Subscribe to Independent Premium to bookmark this article
Want to bookmark your favourite articles and stories to read or reference later? Start your Independent Premium subscription today.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments