December 14, 2006, 12:00 AM

U.K. online sales grow 45% in November from year earlier

Retail web sales in the U.K. reached £3.26 billion in November, the highest ever for monthly online sales, reports trade association Interactive Media in Retail Group. November sales were 44.7% higher than a year earlier.

 

Internet retail sales in the U.K. reached £3.26 billion in November, the highest ever for monthly online sales, reports trade association Interactive Media in Retail Group. November sales were 44.7% higher than November a year earlier.

October sales were £2.7 billion, the group reports.

“The November values are in line with our earlier forecasts and confirm that we are likely to see a total of £7 billion being spent online by UK shoppers in the 10-week run-up to Christmas,” says James Roper, CEO. “Though no longer a surprise, growth of this magnitude is nevertheless breathtaking. In 2000, the first year in which the IMRG collected hard online sales data, Christmas trading was worth well under half a billion pounds, and we thought that was huge at the time. Now we can see that the e-retail market is just getting into its stride, with large potential for long-term growth."

The trade association also announced it is launching a customer satisfaction index with eDigitalResearch and ipoints.

 

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