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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Jun- 2023 -14 JuneNews
UK retailers need to do more for diversity and inclusion, BRC says
UK retailers must put more strategies in place regarding diversity and inclusion among their top executives, the BRC reported. According to a new BRC report, 93% of retailers have implemented a strategy to improve diversity and inclusion across their business, while many have expanded these plans in order to focus…
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14 JunePeople Moves
BRC names new chairman
The BRC has announced the appointment of Andy Higginson as the new incoming chairman to succeed Tony De Nunzio in September this year. Higginson has over 30 years of senior executive and non-executive experience in the retail industry in the UK and internationally, covering major brands. Previously, he was CFO…
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6 JuneHigh Street
Retail sales slow despite bank holiday boost
The ONS has reported that UK total retail sales increased by 3.9% in the four weeks between 30 April and 27 May, yet were still below the three-month average growth of 4.7% despite three bank holidays taking place in one month. However, May retail sales improved upon a 1.1% decline…
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May- 2023 -30 MaySupermarkets
Sunak considering plans to ask retailers to cap price of basic food items
Rishi Sunak is reportedly considering plans to ask retailers to cap prices on basic foods in an effort to reduce food inflation, The Sunday Telegraph reported. After a sharp increase in the cost of living brought on by the war in Ukraine, Sunak has urged the Treasury to find measures…
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30 MayNews
Food price inflation falls to 15.4% in May
The British Retail Consortium (BRC) has revealed that food inflation has decreased for the first time this year to 15.4% in May, down from 15.7% in April. Fresh food inflation also decreased in May to 17.2%, down from 17.8% in April. This is below the 3-month average rate of 17.3%.…
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11 MaySupermarkets
BRC calls for Windsor Framework labelling clarity
The British Retail Consortium (BRC) has called on the government to provide clarity for UK supermarkets on labelling issues caused by the Windsor Framework ahead of the October deadline. Labelling is a key issue as it will determine whether or not businesses can trade in the green lane or red…
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9 MayClothing & Shoes
Retail sales rise 5.1% in April
Total retail sales increased by 5.1% in April 2023, against a decline of 0.3% in the same month last year, according to the BRC-KPMG Retail Sales Monitor. This is in line with the three-month average growth of 5.1% and above the 12-month average growth of 3.0%. Like-for-like retail sales increased…
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2 MayClothing & Shoes
Shop price inflation falls for first time in 2023
Shop price inflation is thought to have peaked in the first week of April, according to the BRC, after it declined to 8.8%, down slightly from 8.9% in March. Despite the fall, it remains at record-highs in some areas, and continued to exceed the three-month average of 8.7%. Meanwhile, food…
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Apr- 2023 -28 AprilProperty
Retailers cautious to invest as retail vacancies plateau
The overall vacancy rate for retail units in the UK remained at 13.8% of Q1 in 2023, the same rate it was at for Q4 2022, according to data from the British Retail Consortium. However, this figure was 0.3 percentage points better when compared with the same period last year.…
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24 AprilFeatures
Is Labour’s five-point plan a starting point to revive high streets?
Can you tell me about yourself and your experience in the retail sector? I‘ve been working in retail for the past three years, having joined BRC the week before lockdown in March 2020. I work in our corporate affairs team, which has responsibility for running the BRC’s public affairs and…
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