Will report inspire firms using facilities management to increase online activity?
June 29th 15:47 Cost Management
UK businesses using retail facilities management could be among those to be encouraged by a recent report to increase their online activity.
According to a recent study by Experian, the online market is set to double by 2011 to £30 billion.
The report also showed that online shopping is set to grow by 36 per cent over the next 18 months.
By way of comparison, high street sales are expected to increase by just one per cent during the same period
Carl Scheible, managing director of PayPal UK, which commissioned the research, said: "Online retail is booming even in the current economic uncertainty because shoppers turn to the internet when they are trying to be thrifty.
"Two-thirds of online shoppers are now convinced their money goes further online compared to less than half who believed it last year, an increase of 8.5 million people. The success of online retail really is the silver lining in the economic crisis."
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