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The United Kingdom

FIS will acquire Worldpay for over 30 billion euros

Worldpay

Fidelity National Information Services, a major financial service technology company from the US, has announced it will acquire Worldpay for over 30 billion euros. It’s the largest deal to date in the quickly growing electronic payments industry. Continue reading

86% of Brits are Amazon shoppers

Amazon is very popular in the United Kingdom. Recent research shows that almost nine in ten Brits are Amazon shoppers. And last year, more people have increased their shopping with Amazon than decreased it. Seven in ten Amazon users in the UK buy from the ecommerce giant at least once a month. Continue reading

The biggest foreign ecommerce markets for UK shoppers

The United Kingdom (UK)

Consumers in the United Kingdom love to shop online at overseas ecommerce websites. As a matter of fact, UK shoppers buy a higher proportion of goods from foreign online stores than almost any other wealthy country. These are the biggest foreign ecommerce markets for UK shoppers. Continue reading

Made.com expands to 4 new countries in Europe

Furniture retailer Made.com

Online furniture retailer Made has announced that its sales in the United Kingdom hit the 100 million pound mark for the first time last year. In its home country, sales grew 34 percent, while international figures went up by 40 percent. The company will expand to several countries across Europe this year. Continue reading

This is how UK consumers shopped online in 2018

The United Kingdom (UK)

Consumers in the United Kingdom spent the most money online on vehicle-related items. Holidays were also a favorite destination for shoppers looking to spend their money online. And it’s fashion and fast food takeaways that Britons regretted the most buying online in 2018. Continue reading

Asos: ‘weakest growth in recent years’

Asos

Major UK retailer Asos has issued a profit warning, after it saw a “significant deterioration” in sales growth. After the online fashion retailer has shared this unscheduled trading update, shares dived by almost 40 percent when the market opened. Continue reading

Half of UK shoppers prefer app over website

Mcommerce (mobile retail sales)

In the United Kingdom, 53 percent of consumers prefer to shop online using a brand’s app over its website. This is mostly because they experience complex processes for signing in and setting up accounts on the website. Still, 40 percent get frustrated when shopping or paying on a mobile. Continue reading

Clas Ohlson closes shops in UK and Germany

Clas Ohlson

Swedish furniture and hardware store Clas Ohlson is changing its business model. The retailer becomes online only in the United Kingdom and Germany and thus shuts down all its physical stores. Well, not all, as the store in Reading will remain open. Continue reading