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Mixed bag for BRC results as both footfall and shop vacancy rates rise Monday, 20th May 2013
The latest results from the British Retail Consortium revealed footfall on the high street rose 3.4 per cent year-on-year in April, the biggest increase since the run up to Christmas 2011. According to the results, which were compiled by the BRC and Springboard, the high street saw significantly more visitors in the month, compared with a 0.3 per cent rise in footfall for out-of-town centres, and a 3 per cent drop in shopping centres.
British retail sales fall for first time in eight months Wednesday, 24th April 2013
British retail sales fell in April for the first time in eight months, as unseasonal weather took its toll on the high street. The Confederation of British Industry on Wednesday found the sales balance in its monthly distributive trades survey dropped to -1 from zero in March.
Retail sales rose by 2.1% in February Thursday, 21st March 2013
The Office for National Statistics has indicated that sales of computers and technology along with e-commerce are responsible for an increase in overall retail sales last month. Last month’s sales increased by 2.1 per cent compared to the previous month and 2.7 per cent compared to February last year.
Survey finds almost 60p in every retail £1 goes to supermarkets Tuesday, 19th February 2013
New figures released this week found nearly 60p in every £1 spent on British retail changes hands at the tills of supermarket giants. The Payments Council found a record 58p in every £1 was spent at supermarkets including Tesco, Asda, Sainsbury’s and Morrisons in 2011.
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.
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.
Decline in demand for retail space set to continue Tuesday, 29th January 2013
The high street suffers another blow as new research forecasts further falls in rental values. A survey released on Tuesday by the Royal Institution of Chartered Surveyors’ (RICS) found a 13 per cent fall in the net balance of businesses looking to rent retail premises in the final three months of 2012, after an 18 per cent fall in the previous quarter.
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.
Disappointment as retail sales for December fall by 0.1% Friday, 18th January 2013
Sales figures for the month of December reveal that retail sales fell by 0.1 per cent compared to the previous month, in a year which had seen slow annual growth overall. The drop in sales defied economists’ expectations that retail sales during December would rise by 0.2 per cent.
EBay enjoys 18% sales increase for Christmas 2012 Thursday, 17th January 2013
Photo credit: eBay Inc. Leading online marketplace eBay has announced that it had a particularly successful Christmas period, reporting that sales increased by 18 per cent to reach a total of USD 3.99 billion. The online retailer's marketplace division saw its earnings for the period increase by 16% compared to the previous year, to reach a total of USD 2.05 billion.
eBay's Christmas boutique.