Good piece in The Times on the growth of internet retailing: here's a few excerpts:
"More than half of all the sales growth in Britain's retail sector over the next four years is expected to come from the internet as more consumers switch their preference from the high street to the worldwide web. "
"A new survey claims that the value of online retail sales is expected to soar from £20billion this year to as much as £50billion by 2012 - nearly 15 per cent of the total retail market. "
"Despite all the optimism, there are clouds in cyberspace. Last week IMRG indicated that some internet retailers were beginning to feel the effects of the credit crunch, with year-on-year sales growth slowing to 15 per cent in August, against 30 per cent earlier in the summer. "
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