2,000 UK respondents have been surveyed in May 2020
26% of UK consumers plan to shop online more after COVID-19. Source: unsplash.com
GlobalData found that over a quarter of UK shoppers are going to spend more online after the COVID-19 restrictions are lifted. That’s why retailers with a limited or no online proposition must consider the investment to remain competitive.
According to a statement, COVID-19 is damaging the landscape of UK retail and easing restrictions won’t bring the recovery.
The data highlighted that 42.6% of UK shoppers are currently spending more than usual online, although 61% plan to keep doing so after the pandemic.
Along with that, as the online channel grows, offline retailers will face pressure, meaning they will have to consider the shift to online sales in order to retain them.
We’ve reported that PepsiCo?announced the launch of PantryShop.com and Snacks.com, where customers can order an assortment of PepsiCo’s products. Besides, shoppers can ship products as gifts to close ones via both platforms, which will arrive within 2 business days.
SEE ALSO:
- How to shop during the quarantine
- Coronavirus to affect payments and boost food delivery market
- How governments worldwide support people amid COVID-19
Pay Space
Our editorial team delivers daily news and insights on the global payment industry, covering fintech innovations, worldwide payment methods, and modern payment options.
