Government needs to act on Middle East impact on retail, industry warns The BRC warned that higher costs from the Middle East conflict would inevitably filter through to the till over the coming months. Evening Standard · May 5
What surging oil price means for UK petrol prices, supermarket costs and energy bills Brent crude hit $125 overnight – and higher prices for longer will feed through to everyday products and services The Independent UK · Apr 30
Price rises in UK shops slow as retailers apply heavy discounts to lure shoppers Shop price inflation rose by 1% year-on-year in April, slowing from 1.2% in March, the BRC says The Guardian - UK · Apr 28
UK shops heavily reduced prices to lure in shoppers amid Iran war Shop prices overall are now 1 per cent higher than last April The Independent UK · Apr 27
Self-checkouts fuelling rise in shoplifting among ‘good, honest people’, M&S chair warns Archie Norman said the ‘human link’ between customers and retailers has been broken by the technology The Independent UK · Apr 24
The real reason behind increase in retail sales last month as shoppers remain ‘tepid’ amid Iran war Essential spending returned to growth – up 0.5% – for the first time since July The Independent UK · Apr 13
Food price rises unlikely before summer, says boss of Sainsbury’s Simon Roberts says Easter shop will be unaffected by Middle East conflict, but industry warns prices may rise this year The Guardian - UK · Mar 31
UK shop prices rise as Middle East conflict impacts supply chains IN FULL The Independent UK · Mar 31
Shop price inflation increases as ‘storm clouds loom’ amid Middle East crisis Inflation will rise, although there are “no indications” it will reach the peaks of the last spike in April 2023, the British Retail Consortium said The Independent UK · Mar 30
Shop price inflation edges up as ‘storm clouds loom’ – BRC Inflation on non-food items rose to 0.1% against a drop of 0.1% in February. Evening Standard · Mar 30
Big retailers say UK jobs at risk from guaranteed hours reforms More than half of roles could be hit and young shop workers in particular could lose out, trade body warns The Guardian - UK · Mar 30
Government urged to reduce cost of living as UK consumer confidence plunges IN FULL The Independent UK · Mar 26
UK consumer confidence has ‘collapsed’ during Iran war, retail industry says BRC survey finds public even more pessimistic about finances as higher energy prices fuel inflation fears The Guardian - UK · Mar 26
Consumer confidence ‘collapses’ as Middle East war escalates Consumer expectations of the economy over the next three months has fallen to its lowest level on record, the BRC and Opinium found. The Independent UK · Mar 26
The Independent UK · Mar 26 British consumer confidence plunges to record low as Middle East conflict fuels inflation fears British consumers are anticipating rising costs over the coming months due to the Iran war
The Independent UK · Mar 17 One in five witness retail violence or abuse – BRC Incidents included racial and sexual abuse, physical assault and threats with weapons while shopping, the poll by Opinium for the BRC found.
Evening Standard · Mar 17 One in five witness violence or abuse against retail workers – BRC Incidents included racial and sexual abuse, physical assault and threats with weapons while shopping, the poll by Opinium for the BRC found
Evening Standard · Mar 6 Wet February leads to plunge in shopping trips Total UK footfall dropped 4.7% year on year, down from January’s 0.6% decrease, according to British Retail Consortium (BRC)-Sensormatic data.
The Guardian - UK · Feb 24 Criminals ‘systematically’ targeting UK shops, costing £400m last year, say retailers British Retail Consortium warns over ‘endemic’ violence towards shop workers and says theft is causing anxiety
Evening Standard · Feb 24 Violence and abuse against retailers falls by a fifth, but ‘unacceptably high’ Incidents involving physical violence against retail staff remained largely unchanged from the previous year, at 118 per day, the BRC reported.
The Independent UK · Feb 24 Warning issued as violence and abuse against retail workers at ‘unacceptably high’ levels Theft remained a significant challenge, with 5.5 million detected incidents last year – costing retailers nearly £400 million
The Guardian - UK · Feb 19 Retailers in UK plan to cut staff hours and jobs amid rising employment costs BRC survey finds finance bosses expect technology to improve productivity, with 69% pessimistic about the economy
Evening Standard · Feb 19 Retailers looking to cut staff hours due to high employment costs, bosses warn A survey found 61% of retail CFOs (chief financial officers) and finance directors plan to ‘reduce number of hours and overtime’ for staff.
Evening Standard · Jan 27 Shop price inflation defies expectations to jump in January Shop inflation overall was 1.5% higher than a year earlier – a significant increase on December’s 0.7%, according to the BRC and NIQ.
The Guardian - UK · Jan 27 National insurance hike and energy bills behind food price rise, say UK retailers Latest BRC figures show year-on-year rate of increase was 3.9% in January, up from 3.3% the month before