An online boom for Christmas

24 Oct 2005

Shoppers are expected to snap up £5billion worth of gifts on the Internet this year, a study shows. The amount spent online is set to far outstrip last years £3.5billion.

The figures show that online shopping is booming despite the wider retail sector remaining stuck in the doldrums.

‘Online shopping has continued to grow at a phenomenal rate. We believe it will account for nine percent of all retail sales through November and December,’ said IMRG, which carried out the research for the Royal Mail.

print this article