British Retail Consortium
This coverage focuses on the British Retail Consortium’s role, initiatives, and influence within the UK retail industry. Reporting includes policy advocacy, industry reports, regulatory developments, public statements, and leadership actions that shape the sector. With a focus on commercial implications and operational challenges, it provides valuable context for retail executives and managers navigating industry-wide issues and strategic decisions.
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Oct- 2023 -11 OctoberHigh Street
BRC backs Labour shoplifting stance
The British Retail Consortium (BRC) has backed the Labour party’s stance on shoplifting and violence against retail staff. Sir Keir Starmer announced at the Labour party conference that it intends to create a specific new offence of assault against retail workers. The party also announced its intention to roll back…
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10 OctoberNews
UK retail sales growth slows to 2.7% in September
UK total retail sales growth slowed to 2.7% in September, compared to 2.2% in September 2022, according to the BRC. Food sales increased 7.4% over the three months to September, a figure below the 12-month average growth of 8.4%. Non-food sales decreased 1.2% over the three-months to September, making them…
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6 OctoberNews
UK footfall decreases 2.9% in September, BRC says
Total UK footfall decreased by 2.9% in September (YoY), down from -1.6% in August, according to new data from the BRC. High street footfall decreased by 1.7% in September, down from -0.9% in August, meanwhile retail parks footfall decreased by 2.4%, remaining the same in August. Shopping centre footfall decreased…
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3 OctoberSupermarkets
Shop price inflation reaches lowest point in a year
Shop price annual inflation dropped to 6.2% in September, down from 6.9% in August, reaching its lowest point since September 2022, according to data from the British Retail Consortium (BRC). The BRC has put this decrease down to competition between retailers causing prices to drop. Non-food inflation eased to 4.4%…
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2 OctoberGovernment
Retail bosses demand action over rising retail crime
Retail bosses from some 88 companies have signed a letter to the Home Secretary, Suella Braverman, demanding action over rising rates of retail crime. The retail industry has demanded that the government create a standalone offence of assaulting or abusing retail workers, with tougher sentences for offenders to act as…
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Sep- 2023 -26 SeptemberNews
Failure to reform Apprenticeship Levy cost retailers 12,000 lost apprenticeships, BRC says
Retailers could have offered 12,000 more apprenticeships over the past year if it was not for the Government’s failure to reform the Apprenticeship Levy, according to a survey by the British Retail Consortium (BRC). The industry took on approximately 17,000 apprenticeships in that period, meaning Levy reform could boost this…
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11 SeptemberEconomy
Retail leaders call for business rates freeze
Leaders of major retail businesses have written to chancellor Jeremy Hunt calling for a freeze in business rates in the upcoming budget, according to the Times. The CEOs of 44 of the UK’s biggest retailers such as Aldi and Ikea believe that more than £400m would be added to rates…
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6 SeptemberFeatures
How can retailers combat shoplifters?
Retailers have recently reported that they are increasingly dealing with a problem of shoplifting in addition to the rising cost of living issues and inflation. According to the British Retail Consortium, about 850 incidents of violence or abuse against shop workers are recorded every day in Britain and have cost…
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5 SeptemberNews
UK retail sales soar by 4.1% in August
UK total retail sales has seen an increase of 4.1% in August, against a growth of 1.0% in August 2022, according to the BRC-KPMG retail sales monitor. This was above the three month average growth of 3.6% and in line with the 12-month average growth of 4.1%. Food sales also…
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4 SeptemberNews
UK footfall falls by 1.6% in August
Total UK footfall decreased by 1.6% in August (YoY), down from a rise of +1.8% in July, the BRC has said. According to new data covering the four weeks from July 30 to August 26, high street footfall decreased by 0.9% in August (YoY), down from +1.6% in July. Shopping…
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