Shoppers are expected to snap up £5billion worth of gifts on the Internet this year, a study shows. The amount spent online is set to far outstrip last years £3.5billion.
The figures show that online shopping is booming despite the wider retail sector remaining stuck in the doldrums.
‘Online shopping has continued to grow at a phenomenal rate. We believe it will account for nine percent of all retail sales through November and December,’ said IMRG, which carried out the research for the Royal Mail.
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