The Light that is Online Shopping
In the midst of the country’s economic gloom, it would seem that online shopping has shone through. Figures complied by the IMRG Capgemini e-Retail Sales Index, found that UK online retail sales reached £5.8 billion, an effective 18% year-on-year (2009/2010) increase – exceeding the forecast 13%. They also went onto reveal a 21% growth in internet shopping during January. According to the retail research group, the overall effect is largely a result of seasonal discounted sales on cheap furniture/electrical and booked holidays. Although Tina Spooner, Director of Information at IMRG has warned that “it is important to note this strong growth is on the back of the lowest-ever annual growth recorded in January last year when the e-retail market grew just 4.6%”, forecasters have predicte... »