British Retail Consortium news and archive

400 of Britain’s largest shops at risk, BRC warn

The British Retail Consortium (BRC) is warning that 400 large-format stores, from department stores to supermarkets, are at risk of closure if the Government forces them into its proposed higher business rates tax band. New research from the BRC reveals that large stores would be at risk if they are included in the Government’s new business...

Retail

Retail footfall falters in July despite heatwave and events

In a month when the summer sun scorched pavements and the Lionesses lifted silverware, Britain’s retail sector remained conspicuously tepid. July footfall figures, released by BRC-Sensormatic, reveal a marginal 0.4 percent year-on-year decline—an improvement on June’s -1.8 percent, but still far from the revival fashion retailers were hoping...

Retail

Retail finance chiefs sound alarm over tax burden and inflation risks

A new survey from the British Retail Consortium (BRC) has revealed mounting concern among retail finance leaders, as fears grow that government policy is fuelling inflation, job losses, and reduced investment across the high street. With the Chancellor preparing his next Budget, 56 percent of retail CFOs described their outlook for the coming...

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Retail crime in England and Wales hits 20-year high

Shoplifting in England and Wales has surged to its highest level in over two decades, according to the latest figures released by the Office for National Statistics (ONS). In the year to March 2025, police recorded over 530,000 shoplifting offences, a 20 percent increase on the previous year and the highest number since current recording methods...

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BRC responds to Employment Rights Bill roadmap

The British Retail Consortium has welcomed the publication of the Employment Rights Bill Roadmap by the government on July 1, which sets out the timelines for measures in the Bill aimed at boosting rights for half of all UK workers and providing certainty to employers. The government states the Bill will raise living standards across the country...

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December sales boost fails to save UK retail’s “Golden Quarter”

Christmas fails to save 2024 trading, as new data from the British Retail Consortium (BRC) and KPMG International reveals that UK total retail sales for the year increased by just 0.7 percent from 2023, while non-food declined by 1.5 percent. For the three months to December, known as the “Golden Quarter,” sales growth was 0.4 percent...

Retail

Industry leaders comment on September retail sales growth

Retail sales rose by 0.3 percent in September and increased 3.6 percent by value and 4 percent by volume. Three industry leaders comment on the latest figures: Kris Hamer, Director of Insight at the British Retail Consortium, said: “September saw the strongest retail sales growth since January, and the highest sales volume since March 2022. This...

Retail

UK retail sales show modest growth amid summer spending

Retail sales in the UK saw a slight uptick in August, driven by summer-related purchases, according to the latest BRC-KPMG Retail Sales Monitor. Total retail sales increased by 1 percent year-on-year, outpacing the three-month average growth of 0.4% but falling short of the 12-month average of 1.2 percent. Non-food sales, which includes fashion,...

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UK retailers see sustainability as a major business driver

A new study analysing the sustainability of the UK retail industry through a survey of British Retail Consortium (BRC) members has found that 85 percent of major retailers outline sustainability as a business driver. The report, ‘The Imperative to Act: Advancing Sustainability Maturity within the UK Retail Industry,’ conducted by BearingPoint,...

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BRC launches manifesto for retail

The British Retail Consortium (BRC), the trade association for UK retail businesses, has launched its ‘Manifesto for Retail’ ahead of the general election, calling on all political parties to take a “fresh thinking” approach for a better retail future. 2023 was a challenging year for consumers, with the ONS showing that retail sales volumes fell...

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Retail

July’s rain dampens consumer demand for clothing

The wet weather in July has impacted retail sales across the UK in the four weeks from July 2 to 29, particularly non-food sales, including clothing, according to the latest data from the British Retail Consortium (BRC) and KPMG's Retail Sales Monitor. The data reveals that the value of retail sales was 1.5 percent in July against a growth of...

Retail

BRC calls on retailers to make ‘meaningful change’ through D&I strategies

A report by the British Retail Consortium (BRC) has found that 66 percent of retailers in the UK have no specific targets when it comes to diversity and inclusion (D&I), prompting the organisation to urge for more “meaningful change” in this area. Titled ‘Diversity and Inclusion in UK Retail’, the report, made alongside The MBS Group, did note...