Welcome to WebmasterWorld Guest from

Forum Moderators: buckworks

Message Too Old, No Replies

Online Sales Jump in UK



12:04 am on Feb 14, 2006 (gmt 0)

WebmasterWorld Administrator brett_tabke is a WebmasterWorld Top Contributor of All Time 10+ Year Member Top Contributors Of The Month

AP story [customwire.ap.org]

LONDON (AP) -- More Britons logging in to do their shopping led to a 28.9 percent increase in Internet spending in 2005 as online sales neared the totals for department stores, a retail analyst group said Monday.

Consumers bought 8.2 billion pounds ($14.31 billion) worth of goods online, nearing the 9.4 billion pounds ($16.40 billion) spent in department stores, Verdict Research said. Overall retail spending grew by just 1.5 percent.

Online shopping accounted for half the growth in retail sales this past year. Shoppers spent 3.9 billion pounds ($6.81 billion) more in 2005 than the previous year, and 1.8 billion pounds ($3.14 billion) of that was spent on the Internet.


Featured Threads

Hot Threads This Week

Hot Threads This Month