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 13/04/2015Estates Gazette, Helen Ozolins - Online shopping boom hitting profits  
 
 

Shopping on mobile devices to hit £53.6bn by 2025

 
 Estates Gazette reports that Barclays has forecast that shopping on mobile devices is expected to hit £53.6bn by 2025, up from £9.7bn currently.
Barclays predicts that mobile devices will account for 42% of all retail sales.
However only one in five top 250 retailers around the world say they are able to fulfil cross-channel demand profitably, a report by PwC and JDA shows. The biggest challenge is to meet customer expectations, particularly over next-day delivery.
 
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