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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Jun- 2018 -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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Mar- 2018 -12 MarchHigh Street
Retail footfall drops in February
Retail footfall decreased by 0.5% in February 2018, and is a major decline compared with the rate of 1.0% seen the previous year. According to the British Retail Consortium (BRC) this figure is better than the three-month average of -2.0% and the twelve-month average of -0.7%. However, Greater London and…
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8 MarchHR
Violent crime against retail staff doubles
There has been a ‘concerning spike’ in the number of violent incidents against retail staff, according to a survey by British Retail Consortium (BRC). The trade body’s Retail Crime Survey found the rate of incidents of violence with injury has doubled since the previous year to six per 1,000 members…
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6 MarchHigh Street
Grocery purchases drive UK retail sales: BRC
Food sales continue to drive up sales in the retail sector, but non-food retailers suffered a fall in spending. Over three months to February in-store sales of non-food items declined by 2.4% on a total basis, and 3.3% on a like-for-like basis, according to figures released today by the British…
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5 MarchHR
Retailers ‘want more apprenticeships’ to develop future workforce
New data from the British Retail Consortium (BRC) has suggested that retailers want to commit to more apprenticeships in the coming years. In a survey of UK retailers, 86% indicated they would increase the number of apprenticeships they offer in the next two years. In England, retailers are committed to…
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Feb- 2018 -23 FebruaryAdvice
Feeling the squeeze: how to fight falling profits and rising costs
The boom in e-commerce over the last few years has altered the way we shop beyond recognition and the fast pace only looks set to increase. But this rapid transformation has come at a cost to retailers. Profit margins are being squeezed ever tighter as they find themselves under pressure…
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