Tag : BRC
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.
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.
Shop prices creep up in MaySubscription
Non-food prices increased by 0.2% month on month in May, as retailers struggle to absorb rising costs.
Industry outrage at Conservative Brexit chaosSubscription
The retail industry fears that prime minister Theresa May’s decision to step down as leader of the Conservative Party will cause “further disruption and political turmoil” for UK businesses, and has urged her successor to avoid a “catastrophic” no-deal Brexit.
Discounting slows down shop price inflationSubscription
Shop price inflation slowed down in April due to heavy discounting across clothing and footwear categories, new figures have shown.