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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Sep- 2018 -4 SeptemberHigh Street
Retail sales growth slows during August
UK retail sales growth continued to slow during August as the summer boost comes to an end, according to figures from the BRC-KPMG Retail Sales Monitor. In August, UK retail sales increased by 0.2% on a like-for-like basis compared with the same period the previous year. On a total basis,…
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Aug- 2018 -30 AugustEconomy
Hot September could cost retailers £320m in sales
The British Retail Consortium (BRC) has said a hot September could cost retailers £320m in sales, with non-food retailers losing £80m per week. Based on Met Office figures, the new BRC research found a “clear relationship” between weather and retail sales. The report says that weather influences sales most between…
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13 AugustHigh Street
Retail footfall down 0.8%, shopping centres continue to suffer
Retail footfall fell by 0.8% in July when compared to the same time last year, despite the high street again seeing a slight rise. The figures from the British Retail Consortium (BRC) and Springboard show that high street footfall increased by 0.3% which was the third consecutive month of growth.…
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7 AugustHigh Street
Retail sales growth slows in July amid heatwave
Total retail sales growth slowed in July according to the latest BRC-KPMG Retail Sales Monitor, growing only 0.5% on a like-for-like basis. According to the report sales of non-food products struggled during the month as demand for seasonal purchases slowed due to the heat, which kept shoppers away from days…
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1 AugustEconomy
Shop prices in July reach lowest deflation in eight months
The non-food items category reached its lowest level of deflation since December 2017, at 1.4% in July, according to new British Retail Consortium (BRC) data. The latest BRC-Nielsen Shop Price Index showed fresh food inflation rose 1.6%, compared with only 0.8% in June, and ambient food inflation increased by 2.2%,…
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Jul- 2018 -27 JulySupermarkets
Stockpiling of food ‘not a practical response’ to a no-deal on Brexit
The British Retail Consortium (BRC) has said the stockpiling of food is not a practical response to a no-deal on Brexit and the industry “has not been approached by the government to begin planning for this”. According to the association, retailers do not have the facilities to house stockpiled goods…
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26 JulyEconomy
Fifth of UK retailers plan to axe jobs in the next three months
New research has found that almost a fifth of UK retailers are planning to cut staff in the next three months. The research by the British Retail Consortium (BRC) found that the number of people employed in the UK retail sector had fallen by nearly 3% in the last three…
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26 JulyHigh Street
Retail hours worked drops ‘sharply’ in second quarter
The number of hours worked in the retail industry dropped by an average of 2.8% in the three months to July, as staff seek “greater flexibility in their workforces”. The British Retail Consortium’s (BRC) latest retail employment monitor shows hours worked by employees on full time contracts dropped more sharply…
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25 JulySupply Chain
Food supply chains ‘in danger’ under Brexit
The British Retail Consortium (BRC) has warned about the potential for damaging consequences for UK consumers and EU producers if a Brexit agreement is not reached between the EU and UK from 29 March 2019. The BRC sent a letter to UK prime minister Theresa May and the European Union’s…
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25 JulyEconomy
BRC welcomes ‘much needed’ review into card-acquiring services
The British Retail Consortium (BRC) has welcomed news that the Payment Systems Regulator (PSR) will carry out a market review into card-acquiring services due to an “alarming increase in card fees and charges”. Andrew Cregan, policy adviser at the BRC has welcomed the review, and said it comes at a…
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