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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Jul- 2018 -16 JulyHigh Street
Footfall dips for seventh consecutive month despite World Cup boost
Retail footfall dipped for a seventh consecutive month in June, despite the boost in spending brought on by the World Cup. BRC’s Footfall Springboard and Vacancies Monitor reported that year-on-year footfall for the month dropped by 0.9% The high street was the only area that delivered footfall growth, albeit marginally,…
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9 JulyGovernment
Asda CEO: Hard Brexit could have ‘significant consequences’ for food supply and quality
Asda CEO Roger Burnley has expressed his concerns that a ‘hard’ Brexit could have “significant consequences” for food supply and quality. He described the prospect of holdups at the UK border as “scary”, adding: “You’d be eating into the life of products with all sorts of implications for waste, for…
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4 JulyEconomy
BRC calls for two-year freeze on business rates
The British Retail Consortium (BRC) has asked the government to consider freezing business rates for two years to ease the pressure on retailers. By proposing a two-year freeze on increases, the BRC said it would give time for the government and industry to develop a proposal for an updated taxation…
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Jun- 2018 -15 JuneHigh Street
Royal wedding boosts retail sales in May
The quantity bought in the retail industry increased by 1.3% in May 2018 when compared with April 2018, according to the Office for National Statistics (ONS). Feedback from retailers suggested that a sustained period of good weather and royal wedding celebrations encouraged spending in food and household goods stores in…
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11 JuneHigh Street
Retail footfall returns to high street
High street footfall increased to 0.5% in May according to the latest BRC-Springboard Footfall and Vacancies Monitor. According to the report May’s better weather resulted in a marginal improvement in footfall across the nation’s high street and out-of-town shopping areas, but it wasn’t enough to overcome the long term trend…
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5 JuneHigh Street
Retail sales bounce back, jump 4% in May
Retail sales in May increased by 4.1% year-on-year, the highest growth reported since January 2014. According to the British Retail Consortium (BRC) and KPMG’s latest Retail Sales Monitor, the better weather and the bank holiday effect led shoppers to buy more garden furniture and summer fashion ranges, recovering some of…
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May- 2018 -9 MayHigh Street
Retail sales ‘fall off a cliff’ in April
Like-for-like sales fell by 4.2% in April, according to the British Retail Consortium’s (BRC) latest BRC-KPMG Retail Sales Monitor. Online retail bucked the overall trend of declining sales, with growth in all categories except toys and baby equipment. According to the report, retailers hope for a “buoyant May, boosted by…
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2 MayEconomy
Fall in shop prices marks fifth year of deflation
Shop prices fell by 1% in April marking the fifth year of deflation for retail prices. According to the British Retail Consortium (BRC) and Nielsen’s monthly Shop Price Index’s, this also represented the deepest period of deflation since last February. This drop fell in line with the pace of decline…
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Apr- 2018 -26 AprilEconomy
Number of retail jobs falls in first quarter
The number of full time jobs in UK retail has fallen by 2.5% compared with the same time last year, data from the British Retail Consortium (BRC) shows. The number of hours worked was also down, with a 3.2% year-on-year decline. The trade body attributed this to the “structural change”…
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10 AprilHigh Street
Easter retail sales ‘didn’t measure up’: KPMG
Easter retail sales did not “measure up” to expectations, with overall UK retail sales increasing by 1.4% in March from last year, according to KPMG. New figures from the British Retail Consortium (BRC) show, on a total basis, sales rose 2.3% in March, against a decline of 0.2% in March…
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