Online retailers are also struggling due to increased staffing costs caused by higher National Insurance Contributions (NICs) and minimum wage, say leading audit, tax and business advisory firm, Blick Rothenberg. Mark Cunningham, a partner at the firm, said: “The primarily online maternity fashion brand, Seraphine, going into administration is a reminder that it’s not just […]
The home delivery expert Parcelhero is forecasting that Amazon’s 4-day Prime sale will turn over $21.4bn globally and nearly £2bn in the UK. Parcelhero says consumers and marketplace sellers are set to benefit from the longest-ever Prime Day bonanza. However, it warns that Amazon’s ever-increasing UK presence brings downsides as well as benefits. Amazon’s longest-ever […]
Period Covered: 01 – 07 June 2025 Shop price inflation increased to 0.4% year on year in June, against a decline of -0.1% in May. This is above the 3-month average of 0.1%. Non-Food inflation increased to -1.2% year on year in June, against a decline of -1.5% in May. This is above the 3-month average of […]
Retailers reported that annual sales volumes fell at a sharp pace in June, according to the latest CBI Distributive Trades Survey. This marked the ninth month in a row of declining volumes. Retailers expect sales to fall again in July. Key findings included: Retail sales volumes fell at a sharp rate in the year to June […]
Fieldwork conducted on 3-6 June 2025 According to BRC-Opinium data, consumer expectations over the next three months of: The state of the economy improved to -28 in June, up from -36 in May. Their personal financial situation improved to -5 in June, up from -12 in May. Their personal spending on retail rose to +2 in June, up from 0 in May. Their […]
Responding to the latest CPI inflation figures, which show headline inflation remaining at 3.4% and food inflation rising to 4.4%, Kris Hamer, director of insight at the British Retail Consortium, said: “Headline inflation held at 3.4% as higher bills and new business costs introduced in April continued to filter through into the economy. Worryingly for consumers, the price […]
Covering the four weeks 04 – 31 May 2025 According to BRC-Sensormatic data: Total UK footfall decreased by 1.7% in May (YoY), down from +7.2% in April. High Street footfall decreased by 2.5% in May (YoY), down from +5.3% in April. Retail Park footfall increased by 0.2% in May (YoY), down from +7.5% in April. Shopping Centre footfall decreased by 2.3% in May (YoY), down from […]
Responding to the chancellor’s Spending Review, Tom Ironside, director of Business & Regulation at the British Retail Consortium, said:“While acknowledging the challenges facing many of Britain’s high streets, the chancellor announced plans for funding on a variety of issues important to retail. “With the huge rise in retail theft and the continued impact of violence […]
Covering the four weeks 04 May – 31 May 2025 UK Total retail sales increased by 1% year on year in May, against growth of 0.7% in May 2024. Food sales increased by 3.6% year on year in May, against growth of 2.8% in May 2024. Non-Food sales decreased by 1.1% year on year in May, flat against […]
A new report published today by the British Retail Consortium lays bare the threats to retail employment, which has already plummeted by over 350,000 since 2015. A fall nearly ten times bigger than the total number of jobs in the steel industry, where government has made repeated interventions to prevent factory closures and save British jobs. […]
