Retail sales volumes fell sharply in the year to October, according to the latest quarterly CBI Distributive Trades Survey. Retailers do not anticipate a turnaround in the sector’s fortunes next month, with sales volumes expected to continue falling in the year to November. The key survey findings included: Retail sales fell in the year to October, and at a faster pace than last month (weighted balance of -36% from -14% in the year to September). This marks the sixth month in a row in which annual sales have declined. Sales volumes are expected to continue falling next month, but at a slower pace (-13%). Retailers ... (full story)