IT spending by retailers up 2.9% in 2005

IT spending by retailers rose to 2.9% in 2005 as a percentage of company's total revenue from 2.

IT spending by retailers rose to 2.9% in 2005 as a percentage of company's total revenue from 2.5% in 2004, and overall technology budgets are expected to increase by 3% in 2006, according to AMR.

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