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Sales Soar On The Net

By FashionUnited

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UK retail spending on the Internet will grow by about 50 per cent this Christmas, according to research from Forrester due to be released this week. The company calculates that UK online spending will total EUR 14.5bn in 2003, Europe almost EUR 50bn and the US more than EUR100bn. Forrester believe retailers with experience in distance selling, such as Argos and Germany's Otto, are using the internet more effectively than traditional retailers.

Internet
Retail