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UK RETAILERS ‘LOSING OUT ON WEB SALES’

News, 01 July 1999

BRITISH RETAILERS were warned that their ‘sluggishness’ in developing online shopping facilities has driven many cyber-shoppers to US retail sites, some of which offer prices up to 40% cheaper than in the UK. Research by retail analyst Verdict reveals that only fourteen of the UK’s top hundred retailers offer online shopping, compared with 43% of the 100 biggest companies in America.