Retail sales volumes continued to fall slightly in the year to July, marking the fourth consecutive month in which volumes have failed to grow, according to the latest CBI Distributive Trades Survey. Retailers expect sales volumes to decline at a quicker rate in the year to August. They key survey findings included: Retail sales volumes fell at a modest pace in the year to July (balance of -4% from -5% in June). Next month, retailers expect sales to decline at a faster pace (-14%). Retail sales were seen as poor for the time of year in July, but to a lesser extent than in June (-9% from -19% in June). Sales are ... (full story)