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High Street Costs Means Record Online Christmas Sales

With the high cost of parking, public transport and eating out - we have seen a new report that shows that many of us are spending more this year on Christmas shopping.
Fashion & Retail - 27 October 2011   Download IconContent available for download:  
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  News Hooks:

Despite the worst economic climate for fifty years, a new report has revealed that nearly two thirds (63%) of consumers are planning to spend more on their Christmas shopping then previously. However, the high street is still in serious decline as millions flock online to get their shopping done before the festive period.

70% of shoppers will look online to get significant discounts before the traditional High Street January Sales, and are relying on these for their Christmas shopping. With 90% of Brits reducing their overall spending, consumers are becoming more savvy in order to get more for their money.

One pound in every ten is spent online, which is more than three times bigger than it was in 2007, and furthermore only one fifth plan to return to the high street once the economic conditions improve, citing the increased cost of high street shopping such as parking, transport and eating out as their main reason.

. Introduction:

In one of the harshest economic climates of the past fifty years, one industry is booming: online shopping. The majority of consumers are planning on spending more this year on their Christmas shopping than last and millions are flocking online to try and grab a bargain, meaning that consumers are becoming more savvy when it comes to getting the most out of their money.

So, is this really the death of the High Street?

Joining us to discuss this further is Rob Feldmann, the CEO of the fastest growing online retail business of the past year, Brand Alley.

. Suggested Questions:

What does the research show about shopping online in our area?

So, why are people flocking online to get their shopping done?

Is this really the death of the high street?

How can people be online savvy in order to get their money to stretch further?

Where can we find out more information?