Modest retail sales growth – CBI

In Industry News On

There was modest high-street sales growth in the year to January, according to the latest CBI Monthly Distributive Trades Survey. The survey took place between 2 January and 15 January 2014. 113 firms took part, of which 60 were retailers.

The CBI’s newly published data on internet sales volumes shows that they continued to rise steadily over the same period – in line with the series average (since August 2009).

Retailers are expecting moderate sales growth again next month.

Key findings:


• 33% of retailers said that sales were up on a year ago while 19% said they fell, giving a balance of +14%

• 32% expect sales to grow next month while 17% expect them to decrease, giving a balance of +15%

• 29% placed more orders with suppliers than they did a year ago, and 31% placed fewer, giving a balance of -2%.

Firms selling over the internet:

• 63% of retailers said that internet sales volumes were up on a year ago, while 11% said that they were down, giving a balance of +52%. This was a similar rise to that in December 2013 (+51%), and in line with the series average (since August 2009)

• Internet sales are expected to rise at a similar pace next month: 63% expect them to be up on a year ago and 12% below, giving a balance of +51%

• 72% of retailers said that they sold goods over the internet, unchanged for the third month running.

You may also read!

Haier Smart Home awarded Sustainable Markets Initiative 2023 Terra Carta Seal

The Sustainable Markets Initiative today announced that Haier Smart Home, the number one company globally in major home appliances,


Major conference on electrical safety tackles full lifecycle of products

The clear focus of the 2023 Electrical Product Safety Conference was the importance of the whole product lifecycle –


Electrical Safety First featured in major royal book on shaping the UK’s future leadership

Electrical Safety First said it is delighted to be part of a select group of businesses and charities featured


Mobile Sliding Menu

©2021 Innovative Electrical Retailing. Datateam Business Media Limited. All rights reserved.
Registered in England No: 1771113. VAT No: 834 8567 90.
Registered Office: 15a London Road, Maidstone, Kent ME16 8LY