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.
-
Aug- 2019 -13 AugustHigh Street
Over 50 retailers sign letter demanding business rates fix
Over fifty major retailers have come together to demand the government takes action to fix the “broken” business rates system. In a letter to the new chancellor, Sajid Javid, retailers have called on the government to put business rates “at the heart” of the promised new economic package. The letter,…
Read More » -
12 AugustHigh Street
Shop vacancies at highest rate in four years
The number of vacant stores across the UK’s high streets has hit the highest level in over four years. According to the latest figures from Springboard and the BRC footfall and vacancies monitor, the national town centre vacancy rate was 10.3% in July, a slight increase on the previous quarters…
Read More » -
6 AugustHigh Street
July consumer spending hits record low
UK consumer spending in the month of July fell to a record low despite the good weather, according to the latest statistics from the British Retail Consortium (BRC) and KPMG. On a total basis, sales increased by 0.3% in July, against an increase of 1.6% the previous year, it is…
Read More » -
Jul- 2019 -25 JulyPeople Moves
Retail employment falls 2.3%, 14th consecutive quarter of decline
Retail employment has fallen by 2.3% during the three-month period ending 30 June, marking the 14th consecutive month of decline. According to the figures from the BRC, the decline is equivalent to around 72,000 more jobs lost than compared to the same period last year. Full-time employment also saw a…
Read More » -
9 JulyEconomy
‘Worst June on record’ for retail sales, says BRC
On a total basis, sales decreased by 1.3% in June, against an increase of 2.3% in June 2018, according to new data from the BRC. The group said the decline dragged the three-month average into a decline of 0.1% and the 12-month average to an increase of 0.6%, the lowest…
Read More » -
8 JulyAdvice
What’s required for a business in the retail sector to thrive?
Latest figures from the British Retail Consortium (BRC) show that retail sales in the UK fell by 2.7% in May 2019, compared to a year earlier. The total three-month average was also down year-on-year, reflecting the challenging environment for the sector. And yet, despite the shaky exterior, many retail businesses…
Read More » -
Jun- 2019 -10 JuneHigh Street
Footfall ‘plummets’ in May
Footfall declined by 3.5% in May, compared with the same point last year when it declined by 0.4%, according to the latest BRC-Springboard Footfall and Vacancies Monitor. On a three-month basis, footfall decreased by 0.7%. The six and 12-month averages are at -1.3% and -1.4% respectively. High Street footfall declined…
Read More » -
4 JuneHigh Street
Retail sales in May see ‘biggest decline on record’
Sales decreased by 2.7% in May on a total basis, excluding Easter distortions, making it the “worst decline” since records began in January 1995, according to the latest BRC-KPMG sales monitor. However, the BRC said this was against an increase of 4.1% in May 2018, itself a four year record.…
Read More » -
4 JuneProperty
Network Rail sees retail sales growth of 4.36% in 2018/19
Network Rail saw its retail sales grow 4.36% and like-for-like sales increase by 1.32% in the 2018/19 financial year – above the British Retail Consortium’s (BRC) figure of 0.05% for the whole of the retail sector in the same period. The transport company said its largest station retail offer –…
Read More » -
May- 2019 -30 MayEconomy
Shop price inflation pushed up by non-food price rises
Shop price inflation increased by 0.8% year-on-year in May, with non-food inflation also increasing by 0.2%, according to the latest figures from the BRC and Nielsen. The BRC said the growth in May was the second highest inflation rate seen in the last six years, though it remains “well below”…
Read More »
