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German online sales leap 55 pct over Christmas

30
Jan
2014

BERLIN (Reuters) – German online sales leapt 54.5 percent over the Christmas period from the same time the year before, underscoring the rapid shift in consumer spending from traditional stores to the internet. BVH, Germany’s e-commerce trade association, said on Thursday online sales reached 8.5 billion euros ($11.6 billion) in the period from mid-October to December 24, meaning they probably accounted for about 10 percent of total retail sales. The pattern has been similar elsewhere in Europe. …

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