LONDON -- The estimated average investment in information systems by retailers in the United Kingdom was 1.4% of sales this year, up from 1.1% but still considered below U.S. retail IT expenditures. This was the finding of "IT in Retail 2004," a new survey of the IT systems used by the U.K.'s top 100 retailers, published by Retail Knowledge Bank, a division of Emap here, with research by Martec International. Individual U.K. figures range from 0.3% of sales to 4.7%. Spending, the report ...

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