Online retailers ended 2009 on a big high, after UK shoppers spent over £5.4bn in December, according to the latest figures from industry body the Interactive Media in Retail Group (IMRG).
The latest IMRG Capgemini e-Retail Sales Index found that UK shoppers spent £5.46bn online in December, up 17 per cent from the previous year and a 3.8 per cent increase from November.
Interestingly, multichannel stores appear to have performed better over the festive period than their pure-play rivals. The index for multichannel retailers rose by 13 per cent month on month, while online-only retailers registered a 7.6 per cent decline.
"The latest index figures prove yet again that online shopping thrives on adversity. The sector managed to deliver strong double-digit growth in 2009, despite the economy being in recession, aggressive high street competition, extreme weather and even postal strikes in the run-up to Christmas," said IMRG chief executive James Roper.
"2010 looks set to produce another year of strong results for e-retail, with demand expected to remain high as consumers habitually look online for best buys, and a pipeline of significant improvements emerge, including wider product range availability, even better web sites and a greater choice of convenient and more reliable delivery options."
BT wants to make the public switched telephone network history within eight years
Personal data being purloined by third parties via Facebook Login API
MacOS and iOS are better off apart, says CEO Tim Cook
Or they'll no longer be entitled to updates and bug patches