COVID-19 ecommerce, whats next for the UK?

General News

Summary

In Europe and the UK, as in many other places, ecommerce received a dramatic boost in trade, resulting from the closure of all non-essential stores. 52% of customers won’t go back to in-store grocery shopping Even supermarkets, which stayed open during lockdown, felt an ecommerce impact. Data gathered by Nielsen showed that the four week period ending 16th May contained a 103% year-on-year growth in UK supermarket ecommerce revenue, reaching £1.2 billion. Surveying by Kantar found 60% of French, British, and German shoppers do not plan to return to their previous levels of brick-and-mortar commerce after the outbreak. 40% of customers find brick-and-mortar shopping less enjoyable than pre-lockdown The reality of physical commercial life in 2020 may dampen the desire to return to the high street.

Classifications

industries
No industries detected
applications
Accounting and Taxes

AskAI Classifications

Labels
Ecommerce Fraud Prevention Software SaaS Machine Learning Software

Linked Companies

Signifyd
$50M to $100M