Business Services Industry
UK Office of National Statistics reports increase in online Christmas shopping
Internet Business News, Jan 21, 2008
INTERNET BUSINESS NEWS-(C)1995-2008 M2 COMMUNICATIONS LTD
The UK Office of National Statistics reported on Friday (18 January) that while Christmas consumer spending was the lowest it has been in 13 years, UK consumers are increasingly turning to the Internet.
The report shows that 66% of UK consumers shopped online over the Christmas period, and GBP1 in every GBP7 was spent via online channels.
According to independent IT consultancy DMW Group, increased competition means retailers must get to know the threats and the potential opportunities the Internet brings, and traditional retailers need to offer an integrated multi-channel experience.
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