'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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Rosé tinted glasses

I was asked recently what I thought the biggest change had been in wine fashion in the past five years. My answer was unequivocal: sales of pink wines. From being a niche that expanded and contracted with the sunshine, rosé has subtly but steadily become a stalwart of many merchants’ ranges, with Provence firmly at the top and asked for by name.

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