Canadian retail sales surged nearly 19% in May, still 20% below February levels. E-COMMERCE, TRADE AND THE COVID-19 PANDEMIC . Additionally, the recorded online spend is $52 billion more than what retailers typically see during April and May. “We’ll likely see this growth draw down further as stores reopen,” Copeland forecasts. Statistics Canada said it will continue to update the e-commerce data to assess the long-term changes after the pandemic, noting that as stores reopened in May, the proportion of e-commerce sales was 10 per cent, down from a record high of 11.4 per cent in April. Nearly half (47.2%) of US internet users polled by Coresight Research last month said they are currently avoiding shopping centers and malls. “Supply chain factors and shortages have likely contributed to the reversal in deflationary pricing the category experienced through much of last year,” Copeland explains. 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E-commerce sales more than doubled year over year, with a 110.8 per cent increase compared with May 2019. The key finding in the May analysis is that e-commerce shopping levels during COVID-19 (April to May) were higher than what retailers saw during the 2019 holiday season (November to December). Overall retail sales data for May, released on July 21, indicated that while about 23 per cent of retailers were closed during the month, for an average of five business days, sales are 80 per cent recovered from the worst of the pandemic period. The Office for National Statistics (ONS) has released a public statement on the coronavirus (COVID-19) and the production of statistics… This report by The Canadian Press was first published July 24, 2020. The record gains in e-commerce occurred as total retail sales experienced record declines, the report says, with April data showing the most stark contrast. Globally, 49% of consumers shop online more now than they did pre-COVID-19. Almost half were shopping online … As companies have been working hard to improve their ecommerce experience – whether that be from improving delivery times, updating product descriptions on web pages, or utilising ratings and reviews across their products – it will be interesting … As Americans remain sheltered in their homes due to the coronavirus outbreak, online shopping has surged as a replacement for an old-fashioned trip to the store. “Will the COVID-19 pandemic have a lasting impact on the retail trade sector? “COVID-19 has changed business forever,” says John Copeland, VP of customer and marketing insights at Adobe. Nearly half (47.2%) of US internet users polled by Coresight Research last month said they are currently avoiding shopping centers and malls. Back to table of contents. The Office for National Statistics (ONS) has released a public statement on the coronavirus (COVID-19) and the production of statistics. As businesses remain shuttered owing to Covid-19 restrictions, hundreds of producers and store owners have moved their offerings online, many for the first time. If that isn’t enough to blow you away, projections show that global e-retail sales are going to grow to up to $4.8 trillion by 2021. Share of products purchased through smartphones increased by 10% in May compared with January (pre-COVID-19). Second, a group of consumers have had to learn e-commerce systems, and were previously less accustomed to online shopping technology, such as some members of Baby Boomers or Generation X. Whether you own an online store or are looking to launch a scalable small business, understanding how internet users shop is key to your business model strategy. This trend took off during the initial weeks of the circuit breaker period, and was later usurped by searches on frozen food. Some, particularly older generations, may keep taking advantage of the convenience of online shopping, says Polyakov, especially as some shopping malls are prioritizing appointments over browsing. How Many People Shop Online? (Bazaarvoice) 62% of U.S. shoppers say they shop more online now than they did before the pandemic. BOPIS (buy online/pickup in store) maintained a YoY growth of 195% in May, leveling off after the sharp upward trajectory seen in March and early April. As businesses remain shuttered owing to Covid-19 restrictions, hundreds of producers and store owners have moved their offerings online, many for the first time. Online shopping rates continue to surge, growing 129% week-on-week in UK and Europe, according to the latest research – and it is rapidly shifting customer expectations of what they get from ecommerce Brick-and-mortar stores, particularly small ones with little online presence, may scoop back some of the recent online sales by making sure their inventory is up-to-date, Polyakov says. By this stage consumers will have become accustomed to buying all their purchases online during physical distancing restrictions. In-store sales declined for general merchandise stores, building material and garden equipment and supplies dealers, and health and personal care stores. Coronavirus is, inevitably, changing the way that we're shopping. A new report by communications regulator Ofcom reveals people are spending record times online during the COVID-19 … Marty Weintraub, national Retail leader at Deloitte Canada, says that not all retailers face the same level of challenges when it comes to the move to online shopping. 2. In the same year, global e-retail sales amounted to $2.8 trillion. The highest peak, 3.2%, took place during Q4, a popular time for holiday shopping. In fact, according to analysts’ forecast, the coronavirus impact on ecommerce will be particularly hard during the period stretching from Black Friday to the end of the year. State of the nation “But we’re actually seeing that as consumers remain away from their office desks, they still opt to shop through their smartphones.”. “We don’t believe the e-commerce rates we have seen will stay at the levels we have seen them. Download a PDF version for easier offline reading and sharing with coworkers. Below we take a deep dive into May’s findings and what they mean for the future of commerce. 10 Online Shopping Statistics You Need to Know in 2020 1. In 2018, an estimated 1.8 billion people worldwide purchased goods online (Statista, 2018). But even within the areas of rapid growth, the recent gains have not been spread evenly, new data shows. Also of note: Computer prices increased by 2.6% in May compared with April, leading to the third month in a row of price increases the category has seen this year. Almost half were shopping online … The outbreak of coronavirus is pushing Americans to buy their groceries online, a development that could have a lasting effect on the supermarket industry. Even so, shoppers rushed to make online purchases, with sales surging 99.3 per cent during the period. During lockdown, people are using social media platforms to gain information about COVID-19. KEY POINTS • The enforcement of social distancing, lockdowns and other measures in response to the COVID-19 pandemic has led consumers to ramp up online shopping, social media use, internet telephony and teleconferencing, and streaming of videos and films. Get The Print Version. Retail sales in April. A new report from the agency found that total retail sales fell by 17.9 per cent as Canadians increasingly sheltered in place between February and May and brick-and-mortar stores closed their doors. Global sales on Amazon increased by 26% in Q1 2020, reaching $75.5bn compared to sales of $59.7bn in Q1 2019, data from its Q1 2020 resultsshows. The shift we’ve seen in consumers moving to online shopping can only help to accelerate innovation in ecommerce across multiple industries. 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