Online retail spending in the UK sets a record in November
Online shopping in the U.K. reached £1 billion in November, 95% over last November’s online shopping levels and 10% over the preceding month, the Interactive Media in Retail Group’s IMRG Index reports. Total retail sales in Britian grew 6.5% year over year, the IMRG says.
The IMRG reports that 14.3 million British consumers shop online.
The November Index was based on sales of £218 million reported by 77 participating e-retailers, which represents 22% of the estimated market.
Third quarter UK e-retail spending totaled £2 billion ($3.14 billion), representing 4% of total UK retail and was 114.5% higher than Q3 2001.
The IMRG also reported that 17% of UK consumers responding to a recent poll said they would do all their Christmas shopping online. It also reported that 25% of all sales at fashion chain Boden occurred online.
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