All British Retail Consortium articles
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News briefs
U.K. retail sales hit by weak consumer confidence in December
In December, total retail sales in the U.K. rose by 1.7 percent compared with 6.9 percent growth in the same period of 2022 and below the three-month average increase of 2.3 percent and the 12-month average rise of 3.6 percent, according to the latest survey released by the British Retail ...
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News briefs
U.K. store footfall declined in December
Retail store visits for the five weeks ended Dec. 30 fell by 5.0 percent year-over-year in the U.K. due to poor weather and weak consumer confidence, according to the British Retail Consortium and Sensormatic Solutions IQ’s Footfall Monitor report. The footfall was down by 0.7 percent year-over-year in November after ...
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News briefs
U.K. retail sales drop in June
In June, U.K. retail sales fell by 1.0 percent from a year earlier and were 1.3 percent lower on a like-for-like basis, a rate of contraction not seen since the depths of the pandemic, as inflation continues to bite, and households cut back spending, according to the latest Retail Sales ...
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News briefs
U.K. retail sales surge driven by clothing and footwear
In April, U.K. retail sales rose by 9.2 percent month-on-month in volume thanks to the easing of Covid-19 restrictions, including the re-opening of all non-essential retail from April 12 in England and Wales and from April 26 in Scotland. During the period, sales for textile, clothing and footwear stores ...
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Article
Contrasting consumer sentiment across Europe
The second wave of the Covid-19 pandemic is beginning to stifle the previously expected recovery of the European economy, particularly for the consumption of non-essential products and services. Fortunately, it has not yet led to the retail lockdowns of the first wave in the spring – except in Wales and ...
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Article
Covid-19 spurs rent renegotiations, partnerships
Retailers from Europe to the U.S. have sought rent relief as they reel from Covid-19 shutdowns and reopen stores faced with higher costs to meet health and safety requirements and uncertain sales prospects. Although some landlords have taken a hard line, many are trying to help keep retail tenants afloat ...
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Article
Footwear did not benefit from surge in online purchases in the U.K.
A couple of suveys have confirmed that online sales surged during the lockdown in the U.K. but unfortunately footwear did not profit from the rising tide. The situation is also changing consumers’ behaviors to the detriment of clothing.