25th October 2018
Amazon Q3 retail sales “surprisingly weak”
UK retail sales through physical stores in the 12 months to September 2018 grew at their fastest rate (7.2%) since 2014, the country’s Office for National Statistics announced on October 18.
In a quarter surprisingly similar to the same period in the US, the value of the annual growth in physical stores (£22 mn) was slightly greater than the value of growth (£18 mn) in online sales.
Physical stores, though, continued in Q3 to account for 81% of all sales