ONS Retail Sales – Barclays comment

18 Jan 2013 09:57 GMT

Richard Lowe, Head of Retail & Wholesale at Barclays comments on today’s ONS Retail Sales figures:

“While Christmas wasn’t a cracker, compared with last December sales are marginally up.

“Three weeks into 2013 and barely a day has gone by without the retail sector hitting the headlines. This will undoubtedly colour the mood on the high street over the next few weeks but, behind the scenes the sector is investing heavily in new channels such as click and collect to make shopping as easy as possible for consumers and ensure sales hold”.

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.