Study: online shopping to account for 40% of all UK retail sales by 2020

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Study: online shopping to account for 40% of all UK retail sales by 2020

02-19-2007, 11:58 AM,

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mandy Offline

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Study: online shopping to account for 40% of all UK retail sales by 2020

Quote:The UK will spend £40 billion on items bought online this year, it has been predicted.

A report by uSwitch.com suggests that by the year 2020, Britons could be spending as much as £162 billion online - around 40 per cent of total retail sales - if current trends continue...

Eight million households in the UK spend two hours a day browsing online shopping sites, and the average UK household spends nearly £1,000 a year on goods bought online. This accounts for a little over 10 per cent of the total annual shopping bill of the average household...

full article: http://www.webuser.co.uk/news/news.php?id=109990

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