Tag : BRC
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.
Retailers take action on propertySubscription
Retailers are seizing the opportunity to take “decisive action” on their property portfolios in 2020, say experts, as restructurings and company voluntary arrangements continue to put downward pressure on rents.
'Worst year on record' for retail Subscription
The prospect of a no-deal Brexit, company voluntary arrangements, shop closures and job losses resulted in the “the worst year on record” for retail in 2019.
The industry has welcomed the “certainty” of a majority Conservative government.
BRC 'welcomes' Tory business rates pledgesSubscription
The British Retail Consortium (BRC) has welcomed a promised review of the business rates system unveiled as part of the Conservative manifesto.
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.