Tag : BRC
Discounting drives October retail salesSubscription
High levels of discounting on the high street – particularly on fashion – gave a small boost to retail sales in October.
Retailers to face £137m business rates hikeSubscription
Retailers will have to pay an extra £137m next year after it was confirmed that inflation costs will increase by 1.7% in 2020/21.
No-deal Brexit impacts footfallSubscription
The spectre of a no-deal Brexit is “putting pressure on retailers” and caused UK footfall to slump in September, new data reveals.
Slow spending pushes prices downSubscription
Shop prices fell by a rate of 0.6% in September, compared with a 0.4% like-for-like decrease in August, marking the highest rate of decline since May 2018.
August retail sales flatline Subscription
Economic uncertainty, summer discounting and weak footfall have caused UK retail sales to flatline in August, new research shows.
The retail industry has called for the chancellor to urgently review business rates to maintain the UK’s competitive position in the international market, as vacancy rates hit a four-year high and a no-deal Brexit looms on the horizon.
More than 50 high street retailers have demanded the government launches “a wholesale review of business taxes to create a tax regime fit for the 21st century”, in a letter to chancellor Sajid Javid.
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.
BRC launches retail management apprenticeship Subscription
The British Retail Consortium (BRC) has today launched a retail leadership and management apprenticeship in collaboration with lifestyle retailer Joules and supermarket group The Company Shop.
Footfall suffers ‘disappointing’ blow in JuneSubscription
A 2.9% year-on-year decline in footfall last month has been blamed on the “relatively poor” weather, Brexit and structural changes in the retail sector.