Retailers

Retail jobs in sharpest fall since 2009

Retail employment fell at the fastest rate since February 2009 in the year to August, with an even sharper decline anticipated in the year to September, according to the CBI’s latest monthly Distributive Trades Survey.

The survey – which featured 63 retailers among its 128 respondents – also showed a slight fall in retail sales compared with a year ago, which comes after broadly flat sales in the year to July, while a faster fall is expected next month.

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