Online sales add to Tesco's profits

Tesco reported a 5.9% rise in its Christmas profits yesterday, ahead of forecasts, which the company has attributed to a strong online performance, as well as increased sales of organic foods.

Meanwhile, DSG Group, which owns Curry's and PC World, seems to be on track having reshuffled its multichannel brands last year, with online sales more than doubling as a result.

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High street retailers make gains online

High street retailers that have developed a strong online presence received a major payback this Christmas, according to traffic figures from Hitwise.

The measurement group's Heather Hopkins has published a review of her pre-Christmas online retail predictions, including some useful information on traffic to UK retail sites over the festive period.

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M&S online sales up 70%

Marks & Spencer announced its Christmas trading figures today, with like for like sales up by 5.6%, including a 70% increase in online earnings.

The move represents another success story for the etail sector in the 2006 Christmas season, with online sales rising dramatically compared with 2005. More and more shoppers have wisely chosen to avoid the stress and hassle of high street shopping in favour of buying online.

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Christmas delivery concerns hold back online consumers

One of the biggest factors holding back consumers from doing their Christmas shopping online is concern about delivery times, according to a survey by shopping site GreasyPalm.co.uk.

The survey finds that concerns about delivery are likely to be hurting online sales this Christmas, with 55% of those surveyed citing delivery times as the major obstacle to doing their Christmas shopping online.

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