Tag: British Retail Consortium



Nearly 1 Million Fewer Retail Jobs by 2025 Says BRC

Nearly 1 Million Fewer Retail Jobs by 2025 Says BRC
Posted on 29 February, 2016 by Chris Grigorovsky under Business News, Economy, Industry News

According to a new report published today by the British Retail Consortium (BRC), there is to be an estimated 900,000 fewer jobs in the sector by 2025. The report suggests that store closures on UK high streets and town centres could exacerbate the... Read More

Surprising Retail Sales Growth in January 2016

Surprising Retail Sales Growth in January 2016
Posted on 10 February, 2016 by Chris Grigorovsky under Business News, Economy, Industry News

Despite an uneventful Christmas period, the New Year saw sales in UK retail rise by 2.6%, surpassing the figure in January last year, the British Retail Consortium reports. Sales were up by 3.3% compared to the 1.6% increase in January 2015, which is... Read More

Consumer Confidence hits Four Year High

Consumer confidence hits four year high
Posted on 21 October, 2015 by Kirsten Kennedy under Economy

Following the recession, consumer confidence in the UK remained extremely subdued and as a result retailers continued to report falling sales, dropping profits and store closures. However, the situation has gradually improved in many sectors of the retail... Read More

Bricks and Mortar Retailers Buoyed by July Spending Boost

Posted on 11 August, 2015 by Kirsten Kennedy under Economy

The summer sunshine at the beginning of July did much to elevate the mood of British consumers, and it appears that this ebullience translated into a strong period for retail sales. And while online retailers enjoyed a proportion of the success, bricks and... Read More

80,000 Shops Will Close By 2017 Due to High Business Rates

Posted on 16 June, 2015 by Chris Grigorovsky under Business News, Economy

A report from the British Retail Consortium (BRC) has predicted that if business rates continue in their current state, over 80,000 shops will be closed within the next two years. Ministers have warned that a change in shopping habits and a growing... Read More

Smartphone Shoppers boosting High Street Fashion Sales says BRC

Posted on 1 May, 2015 by Kirsten Kennedy under Business News

As retailers continue to embrace omni-channel methods, they are beginning to reap the benefits with a corresponding boost in sales. While competition from online retailers such as ASOS and Amazon continues to be high, initiatives such as click and collect... Read More

Food Producers become Victims of Supermarket Price War

Posted on 25 November, 2014 by Kirsten Kennedy under Business News, Industry News

As supermarkets continue to squeeze prices in a bid to attract consumers and lift profits, retail industry analysts are becoming concerned about the impact this will have not only on the retailers themselves but also firms in their supply chains. This concern... Read More

Retail Sales remain Stagnant in October

Posted on 12 November, 2014 by Kirsten Kennedy under Business News, Commercial Sales and Lets, Economy

Following September’s spell of warm weather putting a dampener on the launch of autumn and winter collections, retailers had hoped that the cooler October weather would cause consumers to head to the High Street and begin to purchase winter items such as... Read More

BRC Scraps Campaign to Freeze Business Rates

Posted on 16 August, 2013 by Kirsten Kennedy under Economy

A number of different methods have been put forward by experts in a bid to save the high street, with town centre redesigns and “activity days” common suggested solutions to a hugely complex solution. However, the British Retail Consortium, which... Read More