The industry body for global e-retailing Interactive Media in Retail Group (IMRG) has found that online retail sales in the UK have fallen for a second consecutive month.
Online sales fell 4.4% from January 2002 to February 2002, bringing the total amount spent online in February to GBP397m. The decline was reportedly not as severe as the previous one of 17% from December 2001 to January 2002, however.
February 2002 sales figure were 85.4% higher than in February 2001, down from the 133% increase reported during the second half of 2001.