Internet Retail Sales Had a Boost in 2008, Research Says

Internet Retail Sales Had a Boost in 2008, Research Says

Based on IRMG Capgemini e-Retail Sales Index, online retail revenues made a significant increase last year at 14 percent. 
 

Recession has not affected how UK web shoppers spend their money online.  Most of them shelled out £131.7 on web retail shopping, a considerable rise from the £121.69 recorded at the same period last year. 

 

Head of consulting for retail at Capgemini UK Mike Petevinos said, “The e-retail industry continues to perform well during the recession with year-on-year growth at around 15 per cent being achieved consistently over the last 10 months."

 

“We are also seeing growth in the average basket value, with UK shoppers spending £10 more online per visit compared to a year ago,” Petevinos added.

 

“It is, however, clear that the online market is maturing, with seasonal fluctuations becoming more noticeable in certain sectors as they are no longer obscured by the 50-per-cent-plus year-on-year growth rates of the past.”