Internet shopping hits fresh high

By peter.stilgoe

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Internet-based retailers cleaned up over Christmas after spending online surged by 54 per cent to £7.7bn during the period, beating expectations.

In two years, the amount of goods bought over the web has more than doubled, reflecting a push by high street chains to improve their online presence. In the 10 weeks to Christmas Eve, internet sales hit £7.7bn, up from £5bn during the same period the previous year, according to Interactive Media in Retail Group.

Shoppers spent £1bn a week in the first three weeks of December, beating the IMRG’s forecasts.

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January 18th, 2007

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Sharepoint, InfoPath, K2, Nintex, Business Process Mapping, Business Intelligence, Automation, ECM, Document Management, Document Imaging, Internet Marketing & Online Business Consultant Email / MSN: pstilgoe@hotmail.com LinkedIn: Pete Stilgoe - Sharepoint Consultant