In the run-up to Christmas, sales at Tesco’s online business soared more than 30 percent. 1.3 million shoppers ordered groceries and gifts from Tesco.com, up from 1 million the year before. The increase in sales online was said to have raised concerns amongst a number of high street retailers over Christmas sales, especially the ones who were forced to start sales early, the Retail Bulletin reported. Thanks to heavy price cuts, consumers converged on the high street in droves to profit from the markdowns. While being good news for the consumer, the impact on retailers from the major discounts remains to be seen.
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