January, 2010

Every £1 in £5 of british retail spending to come from online

Author admin
Posted January 20th, 2010
Now is the time to get your business an eCommerce website according to a recent study that states the internet will account for one in every five pounds of British retail spending by 2020. Leading retail researchers Verdict, who performed the study for eBay, forecast that British online retail spending would more than triple to 67 billion pounds in 2020 from the 21 billion spent in 2009. It also predicted that over the same time period, spending outside the internet would fall to 247...
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eCommerce Boosts Christmas sales by almost 9%

Author admin
Posted January 18th, 2010
A recent report has shown the massive effect eCommerce is having on the retail world after it boosted sales by almost 9% over the Christmas period in the US. Retail sales were up during the week that included December 24th, although foot traffic was down, according to the industry group report issued yesterday.  Companies with a good eCommerce website were the main benefactors as they profited from the lack of foot traffic and captilised through online sales. Sales and online traffic...
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