Internet Sales Soar

August 20, 2010

Internet shoppers are taking advantage of the savings available on the web with Internet sales growing at their fastest ever rate last month.

UK shoppers spent £5bn online in July, according to the IMRG Capgemini e-Retail Sales Index.

This was 14% higher than online spending for June, and 18% higher than for July 2009 when the recession was biting hard.

At this rate of increase UK shoppers will be spending £600 billion online over the next ten years.

The index showed that retailers selling both online and in high street stores produced the best performance, with 18% revenue growth and a 4.49% sales conversion rate.

The July figures were helped by people booking holidays.


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