Survey: U.K. retailers spent $2.3 billion on IT in 2002

01/30/2003 | Supermarket News (free registration)

The 100 retailers surveyed, which include 15 food distributors, reported spending only 1.1% of sales on information technology. The survey by Retail Knowledge Bank found U.S. retailers spent nearly 1% more on IT than their U.K. counterparts.

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