The British Retail Consortium reported a strong growth for the December period which showed that sales were up 1.5%. Non-food sales in particular accounted for these positive results.
The British Retail Consortium Director General Helen Dickson stated:”For the more established retailers, it seems that much of the growth is now coming from online orders, while shop sales are stagnant at best. The surging popularity of tablets and smartphones giving even better access is a major factor “.
Notably Tesco reported an 18% increase in their on-line food sales over the Christmas period with their strongest growth for 3 years. Although some retailers have had significant success with on-line sales increasing, sales on-line still only account for 10% of sales overall with the high street still accounting for the majority of retail sales.
At Hemming Robeson we have seen a significant increase in the number of clients requesting e-commerce skills and expertise for interim management assignments. Interim Executives with on-line/e-commerce skills are highly sought after and given the challenging market ahead – we predict that demand will keep increasing particularly across retail and financial services.