This Year, Internet-only Retailers Will Surpass Retail Giants' Sales
"Sales made by internet companies without physical stores, such as Amazon and Asos, will surpass online sales of store-based UK retailers for the first time this year...
Richard Perks, director of retail research at Mintel, said: "Online is putting consumers back in control. They are better informed and much less inclined to give a retailer the benefit of the doubt." Mr Perks added that this trend could reverse as high street stores, which have been slower to capitalise on surging demand for online shopping, compete on price and amp up their internet offerings... "
Read the full article at The Telegraph.
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