All BRC articles – Page 8
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NewsRetail sales slump in May despite relaxed lockdown restrictions
After a record low in April, May sales figures showed little signs of improvement, registering the second-worst decline since records began in 1995.
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NewsShop prices fall at fastest rate since 2006 as Covid-19 hammers sales
Shop prices fell at their fastest rate since 2006 as the coronavirus crisis and non-essential store closures drove struggling retailers to launch big promotions in categories such as clothing and furniture.
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NewsRetail sales record sharpest decline on record despite online surge
Retail sales in April registered a record decline as comparatively subdued Easter grocery sales compounded non-essential shop shutdowns.
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NewsRetail vacancy rates inch up as BRC warns of worse to come
Retail vacancy rates have inched up during the first quarter of the year, with the ongoing coronavirus pandemic likely to cause further damage according to the BRC.
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NewsRetail staff receive financial support from industry’s CaRe20 appeal
Ted Baker senior sales assistant Lavinia Cretul and TJX Europe worker Paige Norris are among the first beneficiaries of the CaRe20 fund established by the retailTRUST, the BRC and RWRC – home of Retail Week and the World Retail Congress
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NewsBRC names Tony DeNunzio as chair to succeed Richard Pennycook
The British Retail Consortium has appointed former Asda boss Tony DeNunzio as its new chair to succeed Richard Pennycook.
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NewsCoronavirus: Shop prices plummet at sharpest rate since 2017
Shop prices fell in April at their steepest rate in over three years, exacerbated by non-food, as retailers grappled with the impact of economic uncertainty on consumer confidence and discretionary spending triggered by coronavirus.
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OpinionHelen Dickinson: Retail is stronger together in war on coronavirus
Coronavirus has triggered the biggest retail crisis of our lifetime and the impact of this pandemic on businesses continues to be enormous.
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NewsBRC and Usdaw issue guidance for non-food retailers ahead of future store reopenings
The British Retail Consortium (BRC) and shopworkers’ union Usdaw have issued guidance on social distancing for non-food retailers in anticipation of a wider reopening of stores.
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AnalysisThe Big Question: Are retailers failing their suppliers if they don’t pay for cancelled orders?
As Asda comes under fire for cancelling clothing orders with suppliers and Primark pledges a further £370m in its supplier support package, are fashion retailers doing enough to support their wholesale partners? Retail Week asks industry experts for their views.
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NewsRetailers and landlords call on government to underwrite retail rents
Retailers and landlords have written to the chancellor pleading for help with rents, saying the future of the high street will be decided in “weeks rather than years”.
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NewsUK retail parks weather lockdown better than high streets
Retail footfall across the UK fell to the lowest levels on record in March, although retail parks were better able to weather the storm compared with high streets and shopping centres.
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AnalysisThe Big Question: Should grocers pass up coronavirus rates relief?
Shoppers rushed to food stores to stock up as the coronavirus outbreak took hold, prompting some to call on the grocery giants to forego emergency business rates relief as sales climbed. Retail Week asks industry experts for their views.
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NewsCoronavirus: Government urges retailers to continue ‘vital’ trading online
The business secretary wants UK retailers to continue trading online “as a vital lifeline” for the nation during the coronavirus pandemic.
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NewsShop prices fall as food inflation eases pre-coronavirus
Shop prices fell in March driven by falling non-food prices and easing food inflation, but BRC boss Helen Dickinson warns that grocery prices may rise amid seasonal shift and increased demand.
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NewsRetail industry launches £10m coronavirus appeal
RWRC – the home of Retail Week and World Retail Congress – retailTRUST and the British Retail Consortium have joined forces to raise £10m for retail staff who are facing financial distress as a result of the coronavirus pandemic.
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OpinionHelen Dickinson: Government must move quickly to save retail jobs
Businesses across the UK welcomed the chancellor’s announcement of a fund to help with employee’s salaries last week. However, BRC chief executive Helen Dickinson says the government must urgently provide more details on how it will work
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AnalysisAnalysis: How are retailers protecting staff during the coronavirus outbreak?
As the government takes increasingly stringent action to combat the ongoing coronavirus outbreak, retail staff have found themselves on the front line in the face of panic buying and contagion fears.
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NewsPrimark owner calls for rates reform as coronavirus outbreak hits trade
Primark parent company ABF’s finance director John Bason has urged the government to address business rates reform as the retail industry battles the impact of the coronavirus outbreak.
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NewsRetail footfall slides in ‘wettest February on record’
February proved a washout for retail footfall and three named storms prompted falling shopper numbers across all retail location categories.