Tag : British Retail Consortium
The creation of town centre ”investment zones” is the latest plan to transform ailing high streets, as data shows footfall slumped again in December.
Shop prices fall for 34th month in a rowSubscription
Shop prices fell 2% in February, marking the 34th consecutive month of decline.
Retail jobs will change significantly over the next decade, said leaders of some of the UK’s biggest retailers this week, as the British Retail Consortium (BRC) warned that as many as 900,000 roles could disappear by 2025.
Non-food shop price deflation continues in JuneSubscription
Non-food shop prices fell by 2.8% year on year in June, following a 2.7% fall in May and a 2.9% fall in April.
Retail will thrive in the face of Brexit uncertainty and challenging trading conditions because it is a “make it happen” sector, the new chairman of the British Retail Consortium (BRC), Richard Baker, has told Drapers.
Shop vacancy rates top 10% in JulySubscription
Vacancy rates for UK retail sites reached 10.1% in July the BRC Springboard Footfall and Vacancies Monitor for the month showed.
Retail sales suffered last month as the Rio Olympic Games and sunny weather distracted consumers and dissuaded them from buying the new autumn collections.
Keep post-Brexit import tariffs low, urges BRCSubscription
The British Retail Consortium has increased its pressure on the government to ensure import tariffs are kept low once the UK leaves the European Union.
The chairman of the British Retail Consortium has warned that retailers are set for higher shop prices in the wake of the Brexit vote, thanks to the devaluation in the pound.
Halloween boosts October fashion sales Subscription
Non-food retail like-for-like sales have edged up 0.6% for the three months to 31 October, thanks to new season ranges and Halloween spending, according to the KPMG Retail Sales Monitor.