Retail & Wholesale

Sales slow as shoppers shut wallets

The CBI distributive trades survey has revealed that a rise in the number of shoppers buying holiday outfits at the last minute was not enough to stop retail sales growth slowing this month, and the picture is not expected to improve next month. Year-on-year growth in the volume of retail sales fell back slightly from June after May's strong rally, with grocers and department stores reporting flat volumes and footwear and leather goods sales volumes falling. Clothing sales volumes rose at the fastest rate since January.


Note: News bulletin content has been provided by a third-party and is not the opinion of Santander


Other Articles

When you’re an established business, recruiting top talent in all the areas you need can seem like a never-ending challenge.


If you’re a start-up or small business, how can you put together an attractive employee package to appeal to top talent – graduate and…


Mexico is predicted to become one of the world’s top 10 economies in the next 10 or 20 years.

Stop fraud

More than one million incidents of financial fraud occurred in the first six months of 2016, according to official figures released by…

Santander’s Head of SME International Mark Collings discusses why exporting to new global markets may provide businesses with new and…

Where Next?