Online grocery sales set to double

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The £2.4bn UK online grocery market will more than double over the next five years to reach £5bn in 2012, according to research by the Institute of Grocery Distribution.

Online grocery retailing sales have grown by nearly a third in the past year. Meanwhile, overall growth in the grocery sector is predicted to remain steady, averaging 3.2 per cent over the next five years, boosting the market value to £156bn by 2012.

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