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To: GraceZ who wrote (151073)12/28/2002 3:04:52 PM
From: Lizzie Tudor  Read Replies (2) | Respond to of 164684
 
Online retail is growing at what a 30% yearly rate

I'm sure that rate will expand in the next few years. For one thing, this year was penalized for the short season... but more importantly retailers don't quite know how to get online successfully yet.

Gap has revamped their site about 5 times and everytime they do it is an improvement and sales improve. So there is the whole notion of consumers warming up to the experience, retailers figuring out how to do it right, and recession working against this year's growth rate.