After the UK faced on-trade closure, the retail sector appeared in a difficult situation. And this isn’t only about the UK. This article will tell you about the surge in eCommerce and on-trade losses. Besides, you’ll know who can help you with a reliable and cheap high-risk merchant account in the country.
eCommerce Surge & Retail Fall
Thanks to the eCommerce channels, so many businesses are able to maintain their potential for growth. However, the dip in eCommerce sales, alongside with some other factors associated with the retail channel, didn’t allow the eCommerce sector to fill the gap caused by major losses in the on-trade.
In addition, eCommerce is becoming more and more associated with the ‘direct-to-consumer’ factor in the UK. When it comes to one of the hot-button topics, the alcohol, and beverage market, consumers in the UK are … Read the rest