Thursday, July 31, 2008

IMRG Capgemini - online retailing to top 50% by 2011

Online shopping is poised to take 20p out of every UK consumer pound by the end of the year, a landmark milestone that analysts believe will make the channel a critical business for many high-street retailers.

An IMRG Capgemini E-Retail report notes that online retail sales amounted to £26.5 billion in the first six months of 2008, up 38 per cent from the same period in the previous year and projected online retail sales would be as high as 50% by 2011.

In B2B because of the growth of online trading, IT workers, now have to be creative, world-aware and business-savvy to succeed. They are now a central part of the wider workforce and drive future development in sectors as diverse as retail, transport, finance and hospitality, reports Retail Bulletin.

Booming e-commerce means sectors not traditionally linked with IT are creating brand new technology-related job roles throughout their businesses and working much more closely with IT workers to help them succeed.

Of course, this also should include the PR sector. But figures are harder to find here.