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Online retail hasn't killed the high street

Browse on the web, purchase in person

Tags: ibm, high street retail, online retail

By Julian Goldsmith

Published: 2 October 2008 17:03 GMT

Despite the rise and rise of online shopping, high street retail in the UK and US is far from dead.

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An IBM survey of 4,300 US and 1,142 UK shoppers found three-quarters browse online and then go out and purchase in the store.

There appears to be no gender difference in the amount of shoppers that favour such multi-channel shopping, with consumer electronics, followed by DIY, and clothing the most popular multi-channel purchases.

US consumers spent the most when browsing on the web and then contacting a call centre, while for UK consumers the largest basket size was achieved when browsing online and then purchasing using a mobile phone, the survey claims.

Researchers at IBM forecast nearly 40 per cent of retail sales will be influenced by the web in some way by 2012 and that cross-channel shopping will bring in 20 per cent of total revenues by that time.

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