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Online shoppers spend billions in Feb

Anthoula Madden, Vice President Consumer Products & Retail, Capgemini discusses the record level of spending shown in the UK economy during February 2008.

27 March 2008

Publication

IMRG Capgemini e-Retail Sales IndexOnline shopping by UK consumers has broken all previous records with over £4.2 billion being spent in the last months. The release of the Capgemini IMRG e-Retail Sales Index, shows that this equates to £69 for every person in the UK and represents and increase of 46% compared to February 2007.

Anthoula Madden, Vice President Consumer Products & Retail, Capgemini UKAnthoula commented that “in light of the clear pressures that the current economic climate is placing on retailers, it is starting to see how online sales growth shows no sign of abating. However, the global recesssion fear is a good reminder that e-tailers cannot be complacent and need to be even more creative to keep existing customers and attract new users. Innovation and the ability to provide a truly integrated multi-channel offering will be vital to being one of the winners through an economic slowdown.”

To read the full article at Silicon.com, click here.

To read the press release, click here.

Anthoula leads Capgemini’s Consumer Producst practice in the UK and has over 14 years experience in leading global business transformation. Her extensive international experience, working with major FMCG organisations to define, design and deliver complex ERP-enabled business transformation programmes has giver her deep insight into the industry strategies and challenges.

About the ‘IMRG Capgemini e-Retail Sales Index’

The IMRG Capgemini Index tracks ‘online sales’, which we define as ‘transactions completed fully, including payment, via interactive channels’ from any location, including in-store.  These sales are predominantly internet-based today, but the Index remains ready to record e-Retail sales conducted via whatever interactive channels the market may embrace in the future.

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