ONS Retail Sales – Barclays comment

15 Feb 2013 09:49 GMT

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

“While snow slowed sales on the physical high street, larger retailers were able to stave off falls in footfall with strong virtual traffic as shoppers avoided the bad weather conditions. I expect this trend to continue as retailers feed consumers’ growing need for convenience and carry on investing in their online offerings”.

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.