Responding to the latest CPI inflation figures, which show headline inflation rising to 3.5% and food inflation rising to 3.4%, Kris Hamer, director of insight at the British Retail Consortium, said: “Headline inflation accelerated in April as additional costs from rising National Living Wage and Employers’ NI costs filtered through to prices faced by consumers, as […]
Today Checkout.com, a leading global digital payments company, launches the inaugural Digital Economy Trust Index, which measures consumer confidence in digital platforms and ranks 16 countries based on security, transparency and user experience in the digital economy. The ranking reveals a strong direct correlation between consumer trust in the digital economy and individual country GDP growth […]
EY and the World Retail Congress (WRC) have today published a report that explores the resilience of the retail sector and its future growth prospects. This collaboration unveils the models required for retailers to thrive in today’s challenging environment drawing from interviews with retail leaders, proprietary EY research including the EY Parthenon CEO Outlook Survey […]
This year Easter was in April, while last year it was in March. This calendar change distorts the year-on-year sales comparisons – resulting in an artificially higher April, but lower March sales growth. In addition to April results, we also report the combined results for March and April to negate this distortion, presenting a clearer […]
This year Easter was in April, while last year it was in March. This calendar change distorts the year-on-year footfall comparisons – resulting in an artificially higher April, but lower March footfall. In addition to April results, we also report the combined results for March and April to negate this distortion, presenting a clearer view […]
Period Covered: 01 – 07 April 2025 Shop price inflation increased to -0.1% year on year in April, against a decline of -0.4% in March. This is above the 3-month average of -0.4%. Non-Food inflation increased to -1.4% year on year in April, against a decline of -1.9% in March. This is above the 3-month average of […]
A survey of HR Directors (HRDs) of leading retailers reveals the scale of concerns about the impact of the Employment Rights Bill, which will be debated in the House of Lords today. Over 70% of retail HRDs felt the Bill would have a negative or very negative impact on their business, with fewer than one-in-ten […]
Responding to the latest ONS Retail Sales Index figures, which showed sales 3.8% by value, and up 3.3% by volume, Kris Hamer, director of insight at the British Retail Consortium, said: “Sales continued to grow in March as the sunshine and warm weather encouraged people to spend more. Clothing and footwear performed well as consumers sought to […]
Fieldwork conducted on 04-07 April 2025 According to BRC-Opinium data, consumer expectations over the next three months of: The state of the economy dropped significantly to -48 in April, down from -35 in March. Their personal financial situation worsened to -16 in April, down from -10 in March. Their personal spending on retail rose to +3 in April, up from 0 in March. […]
While only 0.06% of parcels were officially declared lost, this still amounts to approximately 3.72 million missing items over the four-month period. As well as 0.06% of parcels being officially declared by carriers as ‘lost’, the number of actually lost parcels could be as high as 0.7% due to parcels categorised as ‘potentially lost’, due […]
