India, July 28 -- UK retailers reported another sharp decrease in sales in July, the latest Distributive Trades Survey results from the Confederation of British Industry showed on Monday.
A net 34 percent of retailers said sales declined in July compared to 46 percent in June. A net 31 percent expects sales to fall again in August.
A balance of 10 percent judged sales for the time of year as poor but better than 37 percent in June.
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On the other hand, online retail sales volumes increased in July, marking the third straight month of expansion. That said, the balance fell to 4 percent from 6 percent in June. A net 4 percent expects sales to grow in August...