Released on = June 4, 2007, 4:01 am

Press Release Author = Shushmul Maheshwari

Industry = Retail

Press Release Summary = UK retail market is celebrating the centenary of online
retail sales in the country. According to estimates, the country’s online
retail segment is all set to leave the cash registers ringing in future too.

Press Release Body = A recent report “UK Supermarket Analysis
(2007-2010)” by RNCOS has found that online sales in UK are anticipated to
account for more than 19% of the combined retail sales by 2012 and are projected to
exceed £62 Billion. Therefore, UK supermarkets need to build infrastructure, which
will enable them to foray into online retail market.

Shoppers switching to their PCs from the High St. have shelled out more than £100
Billion since the trend of online shopping started 12 years back in 1995, as
published by news site of Channel 4 News on May 18, 2007. It all started in April
1995 when Brit shoppers first cautiously shopped for CD-ROMS and books, small beer
etc. via e-retail mode. But now, shoppers can buy anything from designer clothes to
electronic goods through e-retailing.

The Interactive Media in Retail Group (IMRG), an industry body that keeps track of
Internet sales, released a research on May 18, 2007. It shows that Internet sales in
UK are projected to grow to £42 Billion in 2007 as against £100 Million in 1995.

The figures by IMRG show that travel formed the largest segment of consumer spending
and accounted for about £7 Billion in 2006, trailed by electric goods at £5 Billion.
Fashion was another crucial growth area.

James Roper, Chief Executive, IMRG, said, as reported by BUSINESS.Scotsman.com on
May 18, 2007, that part of the explanation for this is the large untapped market of
those retailers who are still to initiate their online operations. \"This is a young
industry and retailers are barely beginning to scratch the surface. Research this
year found 44 per cent of the UK\'s top retailers didn\'t have a transaction website,\"
said Roper.

According to the RNCOS report “UK Supermarket Analysis (2007-2010)”,
online retailing will come out as a critical mode of retail. Supermarkets that have
well-known brands and are trusted names may be the first preference for the
customers when it comes to shop online. For the store chains also, the space will
not remain a constraint and therefore, they can offer a wide range of products.

The market research report is a work of in-depth analysis of the UK supermarket
covering various parameters of the market like market performance, financial
services, industry analysis, and future outlook.

About RNCOS E-Services Pvt Ltd.:

RNCOS, incorporated in the year 2002, is an industry research firm. It has a team of
industry experts who analyze data collected from credible sources. They provide
industry insights and analysis that helps corporations to take timely and accurate
business decision in today\'s globally competitive environment.

For more information visit: http://www.rncos.com/Report/IM513.htm
Current Industry News: http://www.rncos.com/blog


Web Site = http://www.rncos.com

Contact Details = RNCOS E-Services Pvt Ltd.
Shushmul Maheshwari
Head of Business Development
29, 1st Floor, Patparganj Industrial Area, Delhi 92
91-11-4214-1229
info@rncos.com