'Retail conditions still tough' - CBI

04 May, 2011

High street sales volumes rose in April but the pace of growth remains “subdued” according to the employers' organisation the CBI.

The organisation’s distributive trades survey showed that 12% of retailers reported sales to be good against 35% who said they were poor.

CBI chief economic adviser Ian McCafferty said: “This survey shows things are far form rosy on the high street.

“For the third month in a row, retailers considered sales to be unseasonably poor, stocks are running quite high and orders with suppliers are expected to fall.

“With few signs of demand picking up rapidly in the coming months, conditions on the high street look like remaining tough for retailers.”




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Lifting the spirits

I were to sum up alcohol sales over Christmas 2017 in one word, it would be “gin”. At Nielsen, we define the Christmas period as the 12 weeks to December 30 and in that time gin sales were £199.4 million, which means they increased by £55.4 million compared with Christmas 2016. There’s no sign the bubble is about to burst either. Growth at Christmas 2016 was £22.4 million, so gin has increased its value growth nearly two-and-a-half times in a year. The spirit added more value to
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