Chris Webster, head of retail consulting and technology at Capgemini, said: “There’s little cheer in these results for retailers. While consumer price inflation is steadily decreasing, it has thus far failed to reinvigorate consumer spending. The steady march of customers moving from the high street to online channels continues and if anything, accelerates as savvy shoppers look to make their wages stretch further.”

To read the original article on Internet Retailing, please click here: Online drives January growth in retail sales: new figures
Related Links:

• Press Release: Determined start to 2012 for online retailers
• Industry Overview: Retail