The British Retail Consortium (BRC) and KPMG released research reporting a 2.3% increase in sales in July (on a total basis), a 1.6% like-for-like basis increase from July 2021. Although there is an increase in sales, volume is down. This is attributed to rising inflation and households cutting back
British Retail Consortium
Debit and credit card transactions surpassed four in every five pounds spent in 2020, (81%, up from 78% in 2019), according to the latest Payments Survey released by the British Retail Consortium (BRC) The pandemic and digital shift mean that cash use now accounts for just 15% of total spending in r
Scottish shopper footfall is experiencing a slow recovery, with footfall declining by 27.1% throughout July.
Shopper footfall continues to buckle under the weight of the pandemic, as footfall in Scotland's shopping centres was down 33% compared to the same period last year, the Scottish Retail Consortium reports.
The UK retail sector suffered its worst March on records as sales plummetted amid the coronavirus pandemic, according to the latest British Retail Consortium (BRC) and KPMG Retail Sales Monitor.
Scotland's businesses are facing a 25% increase in the total business rates burden in just three years, according to the latest forecast by the Scottish Fiscal Commission.
Last year marked the “worst year on record” for retail sales in the UK, according to new research conducted by the British Retail Consortium (BRC).