Thought this was interesting:
Technology News
Mon, 24 May 1999, 12:32am EDT
Two-Thirds of U.K. Shoppers Changed by Web Retail, Times Says
By Chris Collins
London, May 24 (Bloomberg) -- The Internet has changed the
way more than two-thirds of British people shop, with nearly half
of U.K. consumers sampled saying they'd prefer to make purchases
without having to visit shops, the Times of London reported,
citing a survey by Gresham Computing. U.K. Internet sales were
estimated at 230 million pounds ($368.1 million) in 1998 and are
expected to reach 3.1 billion pounds in 2003, the newspaper said.
The survey showed 89 percent of consumers think shopping is
tiresome and 46 percent would actively welcome an Internet
alternative to going out to shop, the newspaper said.
On May 21 Amazon.com Inc., the largest Internet retailer,
filed to raise as much as $2 billion by selling debt, common or
preferred stock or other securities.
(Times 5/24 48 www.the-times.co.uk)
Fred |
