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Online Sales hit a three-year high, up 18% compared to the same month in 2009!

Dated: 20th August 2010

Online Sales Growth

A recent survey shows internet sales grew in July at their fastest rate since before the recession.

UK shoppers spent £5bn online in July, more than in any other month this year.

It is also suggested that the wet weather has helped grow online sales recently. Travel sales rose by a third compared with a year earlier, as people looked to escape the rain and head for sunnier climes, said IMRG, the industry body for global internet retailing.

Although online retail sales survived the recession more convincingly than High Street sales, the last two years or so have no doubt been shaky at times," said Chris Webster, head of retail consulting and technology at Cap Gemini, which publishes the online sales index with IMRG.

It has been said that it is really encouraging to see growth levels returning to those seen pre-2007 and before consumer confidence was knocked by the financial crisis and the recession.

Tags: online sales growth, internet retailing, growth of internet shopping

Useful links:

Online Sales Growth: http://www.bbc.co.uk/news/business-11034030

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