On-the-Go Shopping to Be Worth 'Pounds 20bn a Year'

Summary


BRITISH consumers are set to spend nearly pounds 20bn a year buying goods "on the go" using mobile phones and tablets in the next 10 years, a study forecast today.

Barclays Corporate research forecast that "m-commerce" will enjoy a massive boom from pounds 1.3bn this year to hit pounds 19.3bn in 2011, in part due to a lack of new retail space.

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Extract


On-the-Go Shopping to Be Worth 'Pounds 20bn a Year'

Richard Lowe, head of retail and wholesale at Barclays Corporate, said: "...

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