BRC

Shop prices fall 2% in December

Overall shop prices fell 2% in December from the 2.1% decline seen in November, according to new data released today. The latest British Retail Consortium (BRC) and Nielsen Shop Price Index found that non-food shop prices, which includes jewellery, fell by 3% during the month – slightly lower than the…

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Black Friday hits high street footfall

Footfall in November was 2.1% lower than a year ago, as Black Friday shoppers turned to online shopping instead of the high street. The British Retail Consortium (BRC) and Springboard Footfall and Vacancies Monitor found the fall was significantly below the 0.2% decline in October and underperformed the three-month average…

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November retail sales slow as Black Friday shoppers turned to digital

Retail sales in the UK slowed down in November as consumers turned to e-commerce across the Black Friday weekend. That is according to the latest British Retail Consortium (BRC) and KPMG Retail Sales Monitor, which found UK retail sales decreased 0.4% on a like-for-like basis from the same month last…

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Shop prices fall to joint record low in November

Shop prices fell 2.1% in November as retailers took part in ‘intense’ competition in the build up to Black Friday. That is according to the latest British Retail Consortium (BRC) and Nielsen Shop Price Index which found the fall was down from a 1.8% fall in October. On a 12-month…

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BRC welcomes extension of business rates review

The British Retail Consortium (BRC) has welcomed the extension of the business rates review announced in Chancellor George Osborne’s Autumn Statement today.  A major overhaul of the business rates system was announced earlier this year, with uniform rates set to be abolished. Local councils will, by 2020, be able to…

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Retail parks perform well as retail footfall continues to fall

Retail footfall in the UK was down 0.2% in October compared with the same month last year, unchanged from the decline in September. That is according to data from the British Retail Consortium (BRC) and Springboard’s Footfall and Vacancies Monitor, which found the fall was slightly above the three-month average…

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Retail employment up as number of stores increases

The number of full-time jobs rose by 0.8% in the third quarter of 2015 compared with the same period last year – the fastest rate of growth since March 2014. That is according to the latest British Retail Consortium (BRC) and Bond Dickinson Retail Employment Monitor, which found in the…

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Shop price deflation continues into 30th-consecutive month

Shop prices reported deflation for the 30th consecutive month in October, according to the British Retail Consortium (BRC) and Nielsen’s latest Shop Price Index. Overall shop prices reported deflation of 1.8% in October compared with a 1.9% drop in September. On a 12-month average basis, the index reported deflation of…

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Retail sales up in September but jewellery growth slows

UK retail sales in September were up compared with last year but growth in sales of jewellery and watches slowed. The British Retail Consortium (BRC) and KPMG retail sales monitor found retail sales increased 2.6% on a like-for-like basis from September 2014, when they had decreased 2.1% on the preceding…

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Shop prices down 1.9% in September

Shop prices were down 1.9% in September compared with the same time last year, down from the 1.4% decline in August. This is according to the latest British Retail Consortium (BRC) and Nielsen Shop Price Index which found that non-food deflation accelerated further to 2.9%, from 2.4% in August. On…

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