Responding to the CMA report released today, Helen Dickinson, chief executive of the BRC, said: “We welcome the CMA report which confirms that despite the challenges caused by rising costs throughout the supply chain, the grocery market remains as competitive and efficient as ever. Indeed, retailers have gone above and beyond to try and protect […]
Responding to the latest CPI inflation figures which shows headline inflation falling to 7.9% and food inflation falling to 17.3%, Helen Dickinson, chief executive of the British Retail Consortium, said: “Efforts by retailers to curb price rises and reduce inflation appear to be paying off as inflation rates for food fell for the third month […]
Consumer card spending grew 5.4 % year-on-year in June – less than the latest CPIH inflation rate of 7.9 %, yet noticeably higher than in May (3.6 %) – as the warm weather encouraged Brits to shop for summer clothes and socialise at pubs and bars. However, supermarket shoppers remain concerned about “shrinkflation”, while restaurants saw […]
June reported a decline in online retail revenue of -1.2% YoY, the 26th month in a row that growth has been negative or flat; that is according to IMRG’s Online Retail Index which tracks the online sales performance of 200 retailers in the UK. From a MoM perspective, total online market revenue increased +1.4% on […]
According to Savills, Factory Outlet Centres (FOC) have increased in attractiveness in Europe in recent years as many consumers cut back on their purchases of discretionary goods and instead spend more on ‘one-off’ items typically found in outlet stores. In a recent 2023 survey by ecostra, brands were asked which countries offer the greatest potential […]
Covering the five weeks 28 May – 01 July 2023 According to BRC-Sensormatic IQ data: Total UK footfall decreased by -1.9% in June (YoY), up from -2.8% in May. This is worse than the 3-month average increase of -1.1%. High Street footfall increased by 0.6% in June (YoY), up from -0.5% in May. This is […]
Checkout finance provider, Divido, has announced the upgrade of its UK direct-to-merchant platform to now give merchants easy access to retail finance across Europe. With ‘Divido Connect’ merchants can now uniquely offer retail finance from a network of reputable lenders across the UK and Europe. Previously available in the UK, and now in France, Belgium, […]
UK retail spending was down 3% year-on-year from January to March, as we move deeper into the prolonged rise in the cost-of-living, according to a new report from advertising platform, Cardlytics. The State of Spend report, based on the spending habits of over 20 million UK bank cards, and polling of 2,000 UK consumers shows […]
Responding to the latest ONS Retail Sales Index figures, Helen Dickinson, chief executive of the British Retail Consortium, said: “May’s three bank holidays gave retailers a needed boost as sales growth accelerated to 7.7%. This could be seen for books, and SPF cosmetics in particular, which improved due to the brighter weather at the end […]
Responding to the latest CPI inflation figures which shows headline inflation remaining at 8.7% and food inflation falling to 18.3%, Helen Dickinson, chief executive of the British Retail Consortium, said: “It is a really positive sign that food inflation has fallen for the second consecutive month, the first time this has happened since the Ukraine […]
