Richard Lowe, Head of Retail & Wholesale at Barclays, comments on today's CBI Distributive Trades.

"While the food sector has had a challenging summer, grocers have benefited from the "Bake-off effect", with sales of baking ingredients and equipment being snapped up by enthusiastic consumers. The retail sector has seen increased sales over the summer compared to 2013 and it's great to see that optimism is so strong. I expect single digit growth to continue as consumer confidence remains healthy."

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