• From The BBC:

    UK online spending fell by 10% in August compared with July with alcohol sales down but footwear purchases up, according to a survey.Total online sales dropped to £3.8bn, although this was still 16% higher than August 2008, according to retail research group IMRG Capgemini. Sales of shoes rose by 3% as parents bought back-to-school footwear for their children. However, online spending on beer, wine and lingerie has dropped in 2009. SalesNearly all sectors showed a dip in online spending in August compared with the previous month. Alcohol sales have fallen year-on-year in five of the past six months, and annual growth of lingerie sales was negative in each of the past six months. IMRG said that this was evidence of consumers cutting back on luxuries during the recession. There was a slight rise in month-on-month spending on gifts, electrical items and shoes, the report found. Tina Spooner, of IMRG, said that the August dip was a seasonal trend which had also been seen in recent ye…

    Click to read the full article »

    Posted by Jon @ 4:02 am

Leave a Reply

Your email address will not be published. Required fields are marked *