21 January 2008
Online shopping sales hit an all time high in 2007 following a busy Christmas run-in.
With the October to December 3 month period totaling sales of £15.2 billion, the full year UK e-retail sales hit £46.6 billion. This was a rise of 54% on 2006, according to the ‘IMRG Capgemini e-Retail Sales Index’.
Within key sectors such as electrical goods, the research indicated that growth in online sales did not come at the expense of high street retailers.
Anthoula Madden, Vice President at Capgemini UK’s Consumer Products and Retail Team says:
Online growth has proven robust and sustainable over the past year, increasing its share of UK retail from 10p in the pound to 15p. Whilst we are yet to see high streets sales decline there can be no doubt online is growing its share at the expense of bricks and mortar retailers and we believe that this trend will continue.
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