All BRC articles – Page 5
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DataPost-pandemic spending bubble bursts as shoppers rein in spending
Retail sales fell last month as consumers’ disposable income came under increased pressure, signalling an end to the post-pandemic boom enjoyed by some retailers.
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NewsShop prices soar in May but inflation to ‘get worse before it gets better’
Shop prices rose further in May as inflationary pressures took their toll on retailers’ margins.
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NewsTesco chair calls for action after lack of help to ease inflation in Queen’s speech
Despite promising to ease the cost of living crisis, no new measures were introduced in the Queen’s speech, after Tesco chair John Allan called for a windfall tax to ease rampant inflation.
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DataCost-of-living crisis has ‘crushed’ consumer confidence and halted retail recovery
Retail sales have been battered as the spiralling cost of living has “crushed consumer confidence” and reversed the green shoots of retail’s post-Covid recovery.
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DataData: Prices soar in April driven by furniture, electricals and books
Shop prices have reached record highs across all categories as cost pressures from the war in Ukraine and Shanghai’s lockdown mount.
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DataData: Retail sales take a hit from rock-bottom consumer confidence
Retail sales were battered in March as consumer confidence waned in light of rising inflation.
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DataData: Shop price inflation soars as cost pressures mount
Shop prices have risen for the fifth consecutive month as retailers grapple with cost inflation.
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DataData: Retail sales grow in February as Covid restrictions end
Retail sales increased in February as categories such as furniture, homewares, fashion and jewellery recorded strong growth over the month.
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NewsLeaders from Revolution Beauty and Very to converge at Retail Week’s ecommerce summit
Those at the helm of UK retail will gain exclusive access to insights on maximising online strategy at the inaugural Accelerating Ecommerce Week in-person summit on March 17.
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AnalysisThe most bankable retail trends of 2022
With Christmas 2021 now over, Retail Week unpacks the key consumer trends and asks what they could mean for the golden quarter in 2022.
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DataData: Rising shop prices pose threat to Christmas season
While shop prices fell in October, supply chain issues are putting cost pressures on key items in the lead up to Christmas.
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Opinion‘Business rates – government must now decide whether to be firefighter or arsonist’
The retail industry has been navigating crisis after crisis. Fresh from the pingdemic, the country found itself facing a massive HGV driver shortfall, supply chain problems and wider labour shortages.
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AnalysisData: Retailers bear brunt of increased costs as pandemic accelerates death of cash
New research has found that debit and credit cards accounted for more than four out of every five transactions in the UK last year, saddling retailers with spiralling processing costs as cash use dwindled during the pandemic.
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NewsData: Retail sales slow as weather dampens lifting of restrictions
Retail sales rose in July despite poor weather conditions dampening growth rates following the lifting of coronavirus restrictions.
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DataData: Shop vacancies ‘at highest rate ever recorded’ as uncertainty lingers
The overall store vacancy rate across the UK increased in the second quarter of 2021 despite the lifting of coronavirus restrictions as retailers continued to struggle with the ongoing uncertainty.
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NewsBRC warns of high street labour shortages as 20% of shopworkers in isolation
The retail and hospitality sectors have both recorded high levels of worker absenteeism.
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DataData: UK retail enjoys best quarter on record as sales soar
UK retail sales for the second quarter of the year saw the best growth on record, with retailers enjoying a boost from Euro 2020.
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NewsTesco rejoins BRC at ‘important moment for retail’
Tesco has rejoined the British Retail Consortium (BRC) three years after quitting the trade association.
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NewsPandemic leaves retailers with £2.9bn in accumulated rent debt
The moratorium on aggressive debt collection from landlords is set to end next month, meaning thousands of retailers could face legal action as total rent debt is estimated to be £2.9bn.
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AnalysisLocation, location, location: where retailers will need stores in a post-Covid world
Retail Week analyses the toll taken on retail destinations over the past 15 months, how they will fare in future and what plans all stakeholders – from local authorities to retailers and landlords – have put in place to bounce back or build momentum.