According to IMRG Capgemini UK -Retail Sales Index report, UK users splurged more than 100billion Pounds in online shopping last year.A total of £104bn was spent online in 2014, the first time annual spending in UK has exceeded the £100bn barrier.
Summary of IMRG Report on UK Ecommerce spends
- Online Retail in UK now accounts for an estimated 24% of total retail market
- 14% growth for the online retail market in 2014; £104bn spent online nduring Christmas period saw 13% growth on 2013 e
- £8bn was spent via mobiles this Christmas, compared to £5.1bn last year - 55% increase 37% of online sales are made on a mobile device - an estimated 8.9% of total retail sales Forecast for 2015: 12% market growth and £116bn to be spent online
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