UK internet shopping on the rise
Mike Petevinos, Head of Retail Consulting, Capgemini discusses the release of the IMRG Capgemini e-retail sales index.
18 July 2008
Publication
The IMRG Capgemini e-retail sales index has revealed that UK shoppers spent 17p
in every £1 online. The total spent online amounted to £26.5 billion.
Mike stated that online shops are proving to be more resistant to tough trading conditions than bricks-and-mortar stores.
“Convenience has a sharper edge in a world of soaring fuel prices and the ability to research and make more informed choices in a time of heightened price sensitivity is a key advantage of the online channel.” Mike stated.
Mike has spent the last 9 years advising clients on their most significant strategic questions and supporting them in launching and delivering enterprise-wide programmes to help them fulfil their ambitions. A specialist in the Retail and Consumer Products industries, Mike is now responsible for this capability within Capgemini UK and is a published author on how Integrated Multi-Channel Retailing is shaping the industry.
To read the rest of the article at BBC.com, click here.
To read the press release, click here.
For the latest news on Capgemini & Retail, click here.
Further coverage:
- The Retail Bulletin reports on the increase of online spending regardless of the credit crunch.
- Computer Weekly reports on how the web is eating into high street sales.
- Online retail takes 20p of the shoppers pound, Silicon.com.
- Sky News reports on online shopping accounting for a fifth of all retail spend.
- The Scotsman reports on online sales soaring.
- Online shopping ‘up 38%’ on 2007, Channel 4 reports.
- The Mirror reports on how online retail spending is up by 38 percent.
- The Guardian reports on how the boom in online sales, shoppers are deserting the high street.
- Mike Petevinos speaks to The Daily Telegraph on how Mothercare has embraced their online channel.
- Shoppers hunt online bargains, The Daily Telegraph reports.
- The Independent reports on how shoppers are bucking the gloom.
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