Financial Times FT.com

World Retail Congress 2008

High street discounts hit web sales

By Kiran Stacey

Published: October 21 2009 04:10 | Last updated: October 21 2009 04:10

Discounting on the high street is eating into the growth in online spending, according to a new study.

Internet sales rose just 1.9 per cent between August and September as customers hunted for bargains in store that were not available online, found the survey by IMRG, which represents online retailers, and Capgemini, the IT services company.

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