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
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
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
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
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
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
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
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
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
