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CBI Distributive Trades survey – Barclays’ comment

Richard Lowe, Head of Retail & Wholesale at Barclays, comments on today’s CBI Distributive Trades survey.

“Optimism is in the air as retailers hope that the uptick in sales last month will continue with gusto in the run up to Christmas, as shoppers make last dash purchases. Retailers are also expecting traffic to their sites to smash record levels on Christmas Day as many online sales kick off, with recent Barclays research indicating that almost one in five (18%) retailers are confident that traffic will dramatically soar by over 50% compared with 2013.”
Notes to editors

For further information about Barclays Corporate Banking, please visit our website www.barclayscorporate.com

About Barclays

Barclays is an international financial services provider engaged in personal banking, credit cards, corporate and investment banking and wealth management with an extensive presence in Europe, the Americas, Africa and Asia. Barclays’ purpose is to help people achieve their ambitions – in the right way.

With over 300 years of history and expertise in banking, Barclays operates in over 50 countries and employs approximately 135,000 people. Barclays moves, lends, invests and protects money for customers and clients worldwide.

For further information about Barclays, please visit our website www.barclays.com.