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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Jan- 2021 -5 JanuaryHigh Street
BRC says national lockdown will be severe on businesses
The British Retail Consortium (BRC) has released a response to the latest lockdown restrictions imposed by the government stating the “severity” it will have on businesses. The restrictions announced yesterday (4 January 2021) force the closure of all non-essential retail, pushing the UK back into a lockdown similar to March.…
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Dec- 2020 -23 DecemberNews
Tesco limits sale of essential items
Tesco has limited the number of sales customers can make on essential goods such as toilet roll, flour, dried pasta, baby wipes and anti-bacterial wipes, with customers now only able to purchase three of each item. It is thought that the big four supermarket made the decision as part of…
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23 DecemberAdvice
Four positive signals of a happy new year for retailers in 2021
The resilience of retail has been a remarkable success story of 2020 in the face of continuing huge challenges. The pandemic has forced new ways of trading, from the obvious ways of ensuring COVID-safe spaces to rethinking how to target consumers spending the majority of their lives at home. For…
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21 DecemberCoronavirus
Tier 4 will bring ‘severe’ consequences to retail sector, warns BRC
Retail will face “severe” consequences in light of heightened restrictions across much of the UK, the British Retail Consortium (BRC) has warned. It comes after prime minister Boris Johnson’s announcement that Tier 4 restrictions would be introduced in London and the South East, effective from yesterday (20 December). Under Tier…
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14 DecemberNews
No need to panic buy before Brexit, says BRC
The British Retail Consortium (BRC) has urged members of the public to refrain from stockpiling food before Britain leaves the EU on 1 January. The plea comes after the UK and EU confirmed on Sunday (13 December) that the deadline for reaching a deal on post Brexit would be extended. …
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11 DecemberGovernment
No-Deal Brexit could see UK face £3bn tariff ‘bombshell’
The British Retail Consortium (BRC) has warned that UK supermarkets and their customers could face a £3.1bn tariff “bombshell” on groceries unless a Brexit deal is agreed with the EU in the coming days. The trade body warned that without a deal, this increase in tariffs will “leave retailers with…
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Nov- 2020 -30 NovemberCoronavirus
Shops permitted to open for 24 hours a day
Shops in England will be allowed to trade for 24 hours a day in the coming weeks, housing secretary Robert Jenrick has confirmed. The relaxation of trading hours has been made in a bid to support struggling businesses in the run-up to Christmas. Writing in The Telegraph, Jenrick said: “None…
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10 NovemberHigh Street
Pre-lockdown boost sees retail sales up 4.9%
UK retail sales increased by 4.9% on a total basis in the four weeks ended 31 October 2020, according to the latest BRC-KPMG retail sales monitor. In October, UK retail sales increased 5.2% against the 0.9% decrease the preceding year. During this period, like-for-like sales were measured excluding temporarily closed…
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Oct- 2020 -30 OctoberEconomy
UK shop vacancy rate increases to 13.2% in Q3
Shops in the UK are continuing to shutter, with the average shop vacancy rate increasing to 13.2% in the third quarter, according to data released by the Local Data Company and British Retail Consortium (BRC). On the high street, vacancies increased to 13% over the same period, in line with…
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21 OctoberCoronavirus
Retailers pay £1.1bn to accept customer payments
The cost to retailers of accepting payments reached £1.1bn in 2019, of which £950m was from card payments. It comes as the BRC launched its latest Payment Survey, that reveals card use has continued to rise steadily, from 54% of transactions in 2016 to 61% in 2019. This trend has…
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