These are interesting times to be an online retailer. We are all familiar with the overall retail sales figures over the last few months showing an overall drop in activity. In Ireland, the latest statistics came from the CSO showing that the volume of Irish retail sales fell by 5.2% in the year to June.
In the UK online spending is increasing while at the same time high street sales are going down. High Street sales decreased by 0.9% from June to July which in the same period, online sales increased by 11.3% in July from June – (reported on Vnunet).
I wonder if this is the same situation in Ireland. I wouldn’t be surprised if it was, although I have been unable to find the statistics to back this up.