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Christmas boost to online sales

The British Retail Consortium (BRC) released figures showing an 18% jump in internet sales this Christmas.

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January set to be 'tough month for retailers'

David McCorquodale, head of retail at KPMG, said:

January will be a tough month for retailers as consumers face up to their credit card bills after Christmas, and it's likely 2013 will bring more of the same challenges.

There will be no boom and it is likely more than a few will go bust.

– David McCorquodale. KPMG

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