Back
News

Online shopping hits £10bn as high street suffers

Online spending hit a record high of £10bn in July, as the pandemic continued to accelerate a shift away from the high street.

The increase brings the total spent online in the UK this year to £64.9bn, a rise of 18% on the same period last year and 56% higher year-on-year than in 2019, according to the Adobe Digital Economy Index.

Figures from the Office for National Statistics last month showed online sales had grown as a proportion of the total retail market from 3.4% in 2007 to 27.9% last year.

Start your free trial today

Your trusted daily source of commercial real estate news and analysis. Register now for unlimited digital access throughout April.

Including:

  • Breaking news, interviews and market updates
  • Expert legal commentary, market trends and case law
  • In-depth reports and expert analysis

Up next…