Tag : Helen Dickinson
'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.
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.
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 survived an overall slump in March, thanks to Mothers’ Day, as Brexit uncertainty continues to negatively affect spending.
BRC calls for review of business taxationSubscription
The British Retail Consortium (BRC) has called for the government to review the business rates system, which is “strangling our high streets”.
MPs reject May's EU withdrawal agreementSubscription
Prime minister Theresa May’s Brexit deal has been thrown out by MPs for a third time, creating further political uncertainty for UK businesses.
Retail crime costs industry £2bnSubscription
Retail crime is costing the industry 20% of its annual profits, or £1.9bn a year, a report by the British Retail Consortium (BRC) has found.