Online sales fall by 11.2% in year to October 2021

Despite expectations of early festive spending, online retail sales fell by 11.2% in the year to October 2021 according to information technology company Capgemini.

The latest IMRG Capgemini Online Retail Index, which tracks the online sales performance of over 200 retailers, was an improvement on the 12.5% fall in online sales in the year to September.

Alcohol and clothing retailers were the only online shopkeepers who saw a positive growth in sales during October 2021 compared to September.

Beers, wines and spirits were up 2.2% compared to September, while clothing sales were up 7.5%.

For only the second time since December 2019, garden sales have declined (-7.5%), while health and beauty remains the worst hit category at -23.3% growth.

Lucy Gibbs, retail lead for analytics and AI at Capgemini, said:

"October online spending was more subdued than expected this year. Stock shortages and supply chain disruptions gave speculation that customers might start shopping earlier than usual, however this may also be having a negative effect."

Andy Mulcahy, strategy and insight director at IMRG, said:

"The potential for Christmas shopping to get underway early this year did not really materialise in October, but it is evident that retailers are certainly trying to get it moving in early November."


Talk to us about accounting for eCommerce.

You’re in good

hands

We’re great at bringing a range of services to those who need them most. If you pick up a phone and give us a call, we’ll be more than ready to talk to you about our services and all that we offer. We’ve been helping businesses and individuals see real value in what they do for years now.

Business services

Offering a comprehensive range of accounting services to encourage growth.

Read more

Personal finance

Looking after your own money is tricky. That’s where we can really help you out.

Read more

Cloud accounting

Keeping all your financial information in one place is a great time-saver.

Read more

Seen enough? Give us a call

Quickbooks logo
BBF member badge