Tag : British Retail Consortium
The retail industry is calling for urgent action on business rates from the government as high streets across the UK prepare for another wave of store closures.
Shop prices continue to fallSubscription
Prices fell for the fifth consecutive month in the first week of October, as heavy discounting and an “uncertain economic environment” pervaded.
Survival strategies for Brexit chaosSubscription
The second Brexit deadline has come and gone and there are no concrete plans for the next stage of the process. How is the UK fashion retail industry coping with the effect of prolonged uncertainty on business?
Worst July since sales records beganSubscription
Total UK retail sales registered the lowest increase since 1995 last month, up just 0.3% on July 2018.
Retailers ahead of target with sustainabilitySubscription
Several leading retailers are to meet their carbon emissions targets two years early as part of the British Retail Consortium’s “Better Retail Better World” initiative.
Retail employment continues to fallSubscription
The total number of retail employees in the UK fell by 2.3% – equivalent to 72,000 jobs – in the second quarter of 2019, compared with 2018.
Shop prices decrease after eight monthsSubscription
Shop prices have returned to deflation for the first time in eight months, driven by fierce competition on the high street, new figures have shown.
Clothing sales hit five-year lowSubscription
Clothing and footwear sales suffered their biggest sales slump in five years last month, as unseasonably cold weather deterred shoppers from the high street.
The impact of a no-deal Brexit on retailers would be exacerbated by the October deadline for the negotiations, the British Retail Consortium (BRC) has warned.
Retail sales suffer sharpest decline on recordSubscription
Total retail sales slumped by 2.7% year on year in May, excluding Easter distortions – the steepest decline since records began in 1995.
BRC launches new careers initiativeSubscription
The British Retail Consortium (BRC) has launched a new initiative called Rethink Retail, which seeks to educate people about the evolving opportunities to carve out a career in the sector.
BRC working to reduce gender pay gap Subscription
The British Retail Consortium (BRC) and Government Equality Office (GEO) have said they are working with retailers to reduce their gender pay gaps.
Retailers up apprenticeships in face of levySubscription
Retailers plan to increase the number of apprenticeships they offer over the next two years, a survey by the British Retail Consortium has found.
Retail growth slowed in February, edging up by just 0.5% compared with last year, as Brexit uncertainty continues.
Shop price inflation at six year high Subscription
Shop price inflation in February rose by the highest rate in almost six years, driven by cost pressures building in the supply chain, new figures have shown.
January discounts tempt cautious consumersSubscription
Retail sales returned to year-on-year growth in January after a disappointing December, but the British Retail Consortium (BRC) and KPMG warned there is no guarantee the positive momentum will continue.
Dr Martens, Gap and Mothercare have joined other leading UK retailers in a new industry initiative created by the British Retail Consortium to advance sustainability, development and quality.
Accessing the £249bn purple poundSubscription
New accessible shopping day Purple Tuesday will launch on 13 November with the backing of some of the UK’s biggest retailers. Drapers investigates how the industry is improving its accessibility and inclusivity.
BRC calls for business rate action in BudgetSubscription
The British Retail Consortium (BRC) has urged chancellor Philip Hammond to address the “unsustainable burden” of business rates in his autumn Budget.
Retail to bear brunt of business rates riseSubscription
Pressure is mounting on the government to reform business rates, as new research reveals the retail sector would face a £194.2m rise in its bills next April, despite the ongoing crisis on the high street.
Non-food price deflation eases in JulySubscription
Non-food deflation eased to its lowest level since December 2017 in July, new research from Nielsen and the British Retail Consortium shows.
BRC calls for business rates freezeSubscription
The British Retail Consortium (BRC) has called for a two-year freeze on business rates increases to provide some relief for retailers.
Non-food price deflation 'eases'Subscription
The average price of non-food items rose by 0.9% in June, compared with May, the British Retail Consortium (BRC) and Nielsen have reported.
Speaking at the British Retail Consortium’s annual retail industry lecture, Amazon’s UK country manager Doug Gurr talks about the next industrial revolution – the digital revolution – its impact on the retail industry and how to prepare for the changes.
Scottish retail sales soar in MaySubscription
Total retail sales in Scotland increased by 2.6% in May compared to a decrease of 0.2% in May 2017, the Scottish Retail Consortium reports, as good weather and bank holiday encouraged shoppers.
Retail insolvencies jump 7% year on yearSubscription
The number of retailers entering insolvency has increased by 7% in the past year, research by law firm RPC shows.
Non-food retail sales in the UK across stores and online fell 2.4% on a like-for-like basis year on year in the three months to 28 April – the biggest decrease since March 2009.
Drapers speaks to retailers about the British Retail Consortium’s drive to make the retail industry more sustainable by 2030.
The BRC has launched an action plan to advance sustainability, development and equality in the retail sector.
Eligible retailers across the UK have been urged to begin gathering data about their gender pay gap as a priority, as the deadline for new reporting requirements looms.
December shop prices fallSubscription
Non-food shop prices fell by 2.1% in December compared with the same period last year.
BRC blasts government's Brexit retail reportSubscription
The British Retail Consortium (BRC) has hit out at a government analysis of the retail sector for failing to assess the potential impact of Brexit.
The British Retail Consortium has urged Brexit negotiators to maintain tariff-free trade between the UK and the rest of the EU following a breakthrough report published on 8 December.
Suppliers warn of 'tough' November Subscription
Suppliers to high street multiples and department stores have warned of another difficult month of trading ahead, following a “terrible” October.
Online retail searches riseSubscription
UK retail search volumes grew by 9% year on year across all devices in the third quarter of 2017.
The British Retail Consortium has warned that consumer spending will slow further unless the government prioritises shoppers in the autumn Budget.
Shop price deflation remains at four-year lowSubscription
Prices decreased at the same annual rate in October as in September, the British Retail Consortium (BRC) has revealed.
Record reduction in retail employmentSubscription
Hours worked in retail in the third quarter fell by 4.2% year on year, a British Retail Consortium survey has revealed.
BRC calls for retailer support in Budget Subscription
The British Retail Consortium is calling for action to support consumer spending and help encourage private sector investment in the upcoming Budget.
September fashion sales defy retail declineSubscription
Clothing sales edged up by 0.9% in September compared with August as retail sales suffered a 0.8% dip, figures from the Office for National Statistics (ONS).
The chief executive of the British Retail Consortium (BRC) has called for business rates to be frozen as UK inflation hits a five-year high.
Brexit workforce shortages to hit consumersSubscription
Brexit uncertainty is driving up prices as more retailers seek to deal with rising labour costs and a worker exodus, the British Retail Consortium (BRC) has warned in a new report.
Shop prices are on the verge of increasing, the British Retail Consortium has said.
Retail sales pick up in AugustSubscription
UK retail sales inched up 1.3% during the four weeks to 26 August, compared with the same period in 2016.
Shop price deflation hits four-year low Subscription
The deflation rate for non-food retail prices hit 1.3% in the four days between 7 to 11 August, marking the slowest rate of deflation seen since April 2013.
BRC calls for Brexit customs planningSubscription
Retailers and brands could face red tape and severe delays at ports without additional agreements and investment to supplement a customs deal, the British Retail Consortium has said.
The debate over how to eradicate poor employment practices in some UK factories flared up again this week, prompting retailers and manufacturers to call for more support from the government.
Industry bodies have said the UK government’s proposal for a temporary customs union after Brexit will reassure retail businesses.
High street footfall drops in JulySubscription
Footfall in July dipped by 1.1% on last year in the four weeks to 29 July 2017, the British Retail Consortium (BRC) and Springboard footfall and vacancies monitor indicates.