http://www.managementparadise.com/forums/CYBER SANTA SHINES LIGHT IN EUROPE’S RETAIL GLOOM
London
Hindustan Times
Santa Claus is as likely to be coming through cyberspace in Europe this year instead of down the chimneystack. Online retail sales are predicted to hit a record high in Europe's three big economies — Germany, France and Britain — this Christmas and are proving one of the few areas to bring some cheer to an otherwise gloomy outlook for shopkeepers.
"Internet is booming at the expense of the high street stores," said James Roper, chief executive of London-based online tracker Interactive Media in Retail Group (IMRG).
London
Hindustan Times
Santa Claus is as likely to be coming through cyberspace in Europe this year instead of down the chimneystack. Online retail sales are predicted to hit a record high in Europe's three big economies — Germany, France and Britain — this Christmas and are proving one of the few areas to bring some cheer to an otherwise gloomy outlook for shopkeepers.
"Internet is booming at the expense of the high street stores," said James Roper, chief executive of London-based online tracker Interactive Media in Retail Group (IMRG).