Q216 ecommerce growth strong in UK and US

No primary category set

EuropeTwo separate reports, from both sides of the Atlantic, show pundits reporting good news for online retailers and marketplace sellers: the second quarter eccomerce and online retailing sector 2016 saw strong growth in the UK and US.

The US Department of Commerce Department reported that what it calls “nonstore sales” reached $46.91 billion in June 2016 and that’s a 14.2% increase compared with June 2015. And when you look at their similar predictions that’s the biggest monthly YoY increase so far this year for any month.

And when it comes to British sales, IMRG reports bullish sales as well: “UK e-retail sales grew 16.5% year-on-year in June, resulting in overall annual growth during the second quarter reaching 14.3%.”

All of these numbers were recorded and compiled preceding the Brexit vote so it will be interesting to wait and see. But Tamebay’s advice is to carry on regardless.

RELATED POSTS..

Stuart Hill Ex Matches COO on transitioning to logistics at DHL

Stuart Hill Ex Matches COO on transitioning to logistics at DHL

TikTok Shop £1Million Club launched

TikTok Shop £1Million Club launched

Win tickets to the Olympic Games Paris 2024

Win tickets to the Olympic Games Paris 2024

Unlocking e-commerce success in the USA: Three essential tips for UK brands

Unlocking e-commerce success in the USA: Three essential tips for UK brands

eBay for Business Awards 2024 – Win £10,000!

eBay for Business Awards 2024 – Win £10,000!

ChannelX Guide...

Featured in this article from the ChannelX Guide – companies that can help you grow and manage your business.

Latest

Take a look through a selection of the latest articles on ChannelX

Register for Newsletter

Receive 5 newsletters per week

Gain access to all research

Be notified of upcoming events and webinars