16 Jan UK Market highlights – January 2018
Every month B.D.C. gives you the key retail information you should not have missed. Key trends, innovation, major players, startups, market figures – discover in 60 seconds the latest key retail news.
UK MARKET HIGHLIGHTS
According to the latest MasterCard SpendingPulse report, online spending grew by 11.5% in December. It suggested that retail spending during the Christmas holiday month was up by 2.2% compared to last year, with sales increasing fast just before December 25th.
For the first time, UK Ecommerce purchases made via smartphone overtook the ones made on tablets. Purchases made on smartphone represented a 49.7% of all Mcommerce sales in the UK in 2017. So technically it isn’t more than half of all Mcommerce sales, however thanks to online sales happening from old school feature phones, the smartphone is indeed more popular than the tablet: this device now accounts for 49.4% of Mcommerce sales in the UK.
Westfield has revealed that 14.1 million shoppers visited its Westfield London and Westfield Stratford City shopping centres over the Christmas period, an overall increase of 1% compared to 2016.
Tesco was the best performing grocer over the Christmas period. Indeed they recorded an increase in sales of 3.1% in the 3-month period ending on December 31st. It’s worth noticing that Tesco is beating its rivals Sainsbury’s, Asda and Morrisons in terms of sales growth since June.
Ocado continues to innovate to reduce its reliance on human workers as they are set to start testing a humanoid robot in its warehouses that will assist human engineers. The robot “SecondHands” will assist engineers working on supply chain and using artificial intelligence to predict needs. It comes after Ocado relaesed last year its robot “SoMa” (“soft manipulation” project) as well as announced trials of self-driving delivery trucks.
NEWS FROM OUR ECOSYSTEM
We are pleased to announce that B.D.C. will attend the Retail Business Technology Expo (RBTE) in London in May 2018. The event will take place from the 2nd to the 3rd of May 2018 at Olympia Grand in London. RBTE is a must-attend event for European retailers, etailers and startups who want to keep up to date with all the latest solutions in digital retail. You are a startup or a retailer ? B.D.C. can plan and organise your business trip to London including meetings, conferences and retail tours across London. Do not hesitate to contact us now at firstname.lastname@example.org.