Accessories Amazon Asda Christmas Expansion & Franchise Fashion HR News High Street John Lewis London Marks & Spencer Media News Results Retail Retail and Consumer Industry Retail news Sainsbury's Store Tesco UK brand china consumer deal deals and rumours department department stores e-commerce electricals expansion fashion news food grocer group launch luxury morrisons my online online retail people profit property retail property retailer sale sales supermarket waitrose
BRC chairman Ian Cheshire calls for tax overhaul for retailers Monday, 4th March 2013
British Retail Consortium (BRC) chairman Ian Cheshire has called out for a change in the government’s tax system on retailers, describing the present model as a “19th-century tax base whereby space and people get taxed and digital activity doesn’t.”
Speaking at a briefing in London on Friday, Cheshire warned: “All companies in the U.K.
BRC warns Osborne over business rates Wednesday, 20th February 2013
Retailers’ total operating costs have increased by a whopping 21 per cent since 2006, according to a new industry study commissioned by the British Retail Consortium (BRC). The study by Oxford Economics found annual operating costs rose £20 billion in the past seven years, taking it to a total £116 billion, while retail sales rose by just 12 per cent.
Footfall down 4.6% for January as snow keeps shoppers away Monday, 18th February 2013
Total footfall fell 4.6 per cent over the year to January, and it’s not just the high street that’s suffering as even out-of-town retail parks and shopping centres saw a decline. In its sharpest drop for nine months, the British Retail Consortium (BRC) and Springboard on Monday revealed footfall dropped 7.2 per cent in out-of-town retail parks in the year to January, with shopping centres recording a 5.2 per cent fall.
Scottish retailers report best sales performance in nearly two years Wednesday, 13th February 2013
Fort Kinniard shopping park. A 5.2 per cent rise in food sales for January saw Scottish retail sales give their best performance in nearly two years, according to results out this week. The Scottish Retail Consortium (SRC) found total sales grew by 2.1 per cent in January, with food sales up 5.2 per cent on a year ago.
UK shop price inflation falls to 38 month low for January Wednesday, 6th February 2013
Shop prices in the UK experienced the slowest-rate of growth in more than three years as post-Christmas sales eased household spending. The latest results from the British Retail Consortium (BRC) and Nielsen found shop price inflation fell to 0.6 per cent in January from 1.5 per cent in December.
January “lifts spirits” for retailers as sales grow 1.9% Tuesday, 5th February 2013
UK retail sales rose 1.9 per cent on a like-for-like basis from the same period a year before, with total sales up 3.0 per cent, its highest growth since September 2012 and like-for-like sales growth for 13 months. The latest figures from the British Retail Consortium (BRC) –KPMG Retail Sales Monitor are set to provide some much needed relief to the industry, which traded through heavy snowfall in the last two weeks of January.
BRC: Half of retailers plan to cut staffing levels for 2013 Thursday, 24th January 2013
Half of retailers plan to decrease staffing levels in the first quarter of 2013, as store cuts take their toll on the high street. Retail employment rose by 0.6 per cent in the fourth quarter of 2012 compared with a year earlier, a figure research has found to be driven “entirely” by part-time workers.
Footfall up in Scotland and London, but falls 1.2% overall for December Monday, 21st January 2013
The number of shoppers on the UK high street fell 1.2 per cent last month, compared with the year before, according to the latest data from the British Retail Consortium (BRC). Wales was the worst hit for the period, with footfall numbers dropping 11.5 per cent, followed by the east of England, which fell by 7.1 per cent.
BRC finds UK retail sales up just 0.3% for December Tuesday, 8th January 2013
Crowds wait for Marmite's Christmas lights on Oxford Street. “Not a cause for celebration, but not a disaster either” was the verdict on December’s results as UK retail sales values rose just 0.3 per cent on a like-for-like basis from December 2011. The British Retail Consortium (BRC) found total sales were up 1.5 per cent against a 4.1 per cent rise the year before, with online sales up a promising 17.8 per cent for the period.
BRC results find retail sales improve for November Tuesday, 4th December 2012
Like-for-like sales rose 0.4 per cent in value for the year in November according to the British Retail Consortium, with total retail sales up 1.8 per cent for the year. Despite the positive results, economists polled by Reuters initially expected a 0.9 per cent rise. With inflation at 2.7 per cent, analysts pointed out that retail sales volumes could still be falling.