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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May- 2022 -13 MayPeople Moves
BRC board welcomes Kingfisher and AllSaints executives
The British Retail Consortium (BRC) has announced that Kate Seljeflot and Peter Wood have joined its board as non-executive directors. Seljeflot is currently the chief people officer at Kingfisher, a company whose brands include B&Q and Screwfix. The BRC said she has a “breadth” of experience in retail and business…
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11 MayEconomy
Rising cost of living dents April retail sales
Retail sales decreased by 0.3% in April compared with the year prior, marking the first decline in 15 months as the rising cost of living starts to affect shoppers’ spending habits. According to the latest data from the British Retail Consortium (BRC) and KPMG’s retail sales monitor covering the four…
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9 MayHigh Street
Shop owners to be forced to rent out empty premises
Shop owners in England could be forced to let out premises that have been vacant for over a year, under new plans from the government. The plans are set to be unveiled as part of the Levelling up and Regeneration Bill, expected to be unveiled in the Queen’s speech on…
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5 MayEconomy
Consumers must brace for further price rises, BRC warns
The British Retail Consortium has warned that consumers can expect further rising prices as inflation continues to accelerate in the UK. It found that Shop Price annual inflation accelerated to 2.7% in April, up from 2.1% in March, which was above the 12- and six-month average price increases of 0.4%…
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Apr- 2022 -26 AprilNews
The pursuit of pop-ups
“Since reopening, retail sales have shown a ‘mixed bag’ of results. While the reopening of physical stores was unquestionably positive for the sector, there are still substantial operating costs associated with reopening which will be affecting retailer margins,” said the British estate agency, Savills. Savills made the comments as the…
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12 AprilHigh Street
Retail sales slow as consumer confidence wanes
Total sales increased by 3.1% in March, dropping below the three-month average growth of 6.9% and the 12-month average growth of 10.3% as customer confidence waned amidst the cost of living crisis, according to the latest BRC-KPMG sales monitor. UK retail sales decreased 0.4% on a like-for-like basis from March…
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Mar- 2022 -28 MarchHigh Street
Retail Trust launches anti-harassment initiative
The Retail Trust has partnered with law firm Foot Anstey’s retail and consumer team on a new initiative to support retailers in their efforts to foster safer working environments for employees. It comes as the trust said that preventing harassment in the retail environment is becoming a “touchstone people and…
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16 MarchNews
BRC calls for reform on Apprenticeship levy to create 8,000 new jobs
The British Retail Consortium (BRC) has written to the secretary of state for education calling on the government to introduce an additional 8,000 apprenticeships across retail to the Apprenticeship Levy. It also revealed there are three main changes which could improve the functioning of the levy for businesses, allowing more…
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16 MarchHigh Street
Retail sales monitor shows ‘cause for optimism’, Bira says
The British Independent Retailers Association (Bira) has said there is “cause for optimism” after the recent BRC-KPMG retail sales monitor for February 2022 which revealed that UK retail sales increased 2.7% on a Like-for-like basis from February 2021. According to the BRC the performance comes on top of an improved…
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8 MarchEconomy
Retail sales show continued growth in February
Retail sales increased by 6.7% in February, against an increase of 1.0% in February 2021, a new report from BRC and KPMG has revealed. This is ahead of the three-month average growth of 6.5% but worse than the 12-month average growth of 11.3%. On a two-year basis, total retail sales…
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