Retail sector is stabilising

The retail sector is beginning to stabilise according to the latest figures from the Confederation of British Industry (CBI).

Shoppers on Oxford Street

The monthly survey revealed better than expected figures as 39% of retailers reported an increase of year on year sales volumes in September.

Sales in September were flat and the trend is expected to continue into October following four consecutive months of falling sales.

Grocers and shoe retailers are enjoying growth while the car market is now holding steady as a result of the government funded car-scrappage scheme.

Richard Lowe head of retail and wholesale Barclays Commercial Bank says, that the planned return to a higher rate of VAT on 31 December may see consumers bringing spending forward benefiting retail businesses in the short term but “the impact of this on sales in the New Year remains to be seen”.

Andy Clarke, Chairman of the CBI Distributive Trades Panel, and Chief Operating Officer of Asda, says: “After such a difficult summer, it is encouraging to see signs that conditions in the retail sector are stabilising. However, with unemployment rising, wage growth low, and consumers building up their savings, spending is likely to remain subdued for some time.”

Latest from Marketing Week


Access Marketing Week’s wealth of insight, analysis and opinion that will help you do your job better.

Register and receive the best content from the only UK title 100% dedicated to serving marketers' needs.

We’ll ask you just a few questions about what you do and where you work. The more we know about our visitors, the better and more relevant content we can provide for them. And, yes, knowing our audience better helps us find commercial partners too. Don't worry, we won't share your information with other parties, unless you give us permission to do so.

Register now


Our award winning editorial team (PPA Digital Brand of the Year) ask the big questions about the biggest issues on everything from strategy through to execution to help you navigate the fast moving modern marketing landscape.


From the opportunities and challenges of emerging technology to the need for greater effectiveness, from the challenge of measurement to building a marketing team fit for the future, we are your guide.


Information, inspiration and advice from the marketing world and beyond that will help you develop as a marketer and as a leader.

Having problems?

Contact us on +44 (0)20 7292 3703 or email

If you are looking for our Jobs site, please click here