skip to main content
Find Insight DIY on
* * *

Digital Retail News

Online retail spend increases 28% in two years

Online Sales

Online retail transactions have increased by more than a 25% in the last two years, according to new data from UK Cards Association’s research.

In 2016, online card spending reached £154 billion in the UK, on average £422 million per day, an increase of 28% since 2014, when online spending stood at just £120 billion.

The research also indicates that the UK spends more online per household than any other country, at $5,900 (£4,607) in 2015, which is higher than Norway at $5,400, the US $4,500 and Australia $4,000.

Overall 26% of all card spending was online last year, compared to 22% in 2014.

The UK Card Association said this equated to 1.8 billion purchases made online at an average of 150 million a month, up by 38%t from 2014. In addition, almost 40% of travel bookings are paid for online, with flights accounting for 54% of that figure.

Source: Insight DIY Team

21 April 2017

Related News

view more Digital Retail News

Thank you for the excellent presentation that you gave at Woodbury Park on Thursday morning. It was very interesting and thought-provoking for our Retail members. The feedback has been excellent.

Martin Elliott. Chief Executive - Home Hardware.

Don't miss out on all the latest, breaking news from the DIY industry