Scottish Retail Consortium

A Scotland-only business rates surcharge is set to cost firms a cumulative £180 million over the next three years, the Scottish Retail Consortium (SRC) has warned.

Belated festive spending has increased retail sales in Scotland in the four weeks to the 26th of November, according to the latest Scottish Retail Consortium (SRC) and KPMG Scottish Retail Sales Monitor.

New research by CBI Economics, conducted on behalf of the CBI and its retail members, reveals retail and wholesale activity is now worth £352 billion a year to the UK economy. According to the research, urgent reforms to the UK’s outdated Business Rates system and inflexible Apprenticesh

Scottish footfall decreased by 14.8% in August Year on 3 Years (Yo3Y), 1.7 percentage points better than July, however, this is worse than the UK average decline of 12.4% (Yo3Y).

Measures to protect living standards, assist retailers to keep down shop prices, and help retail destinations rebound should be at the heart of the upcoming Scottish Budget, according to the Scottish Retail Consortium (SRC). 

In the second quarter of 2022, the Scottish vacancy rate decreased to 15.7%, from 15.8% in Q1, according to the latest figures published by the Scottish Retail Consortium (SRC) and the Local Data Company (LDC). The rate was 0.4 percentage points lower than in the same point in 2021.

A new report from the Scottish Retail Consortium (SRC) has revealed that Scottish retailers raised or donated over £16.63 million in 2021 for good causes in Scotland.

Glasgow City Council has approved the roll-out of Covid Low-Income Gift Cards worth £105 to around 85,000 low-income households in the city.

Total sales in Scotland increased by 1.6% compared with May 2021, when they had grown by 60.9%, according to the latest Scottish Retail Consortium (SRC) and KPMG Scottish Retail Sales Monitor.

Total retail sales in Scotland increased by 15.3% in April this year compared with April 2021, when they had grown by 107.9%, according to the latest Scottish Retail Consortium (SRC) & KPMG Retail Sales Monitor.

Scottish shopping centre footfall in the four weeks of April declined by 20%, signalling an improvement on the decline of 32.0% in March, according to the latest Scottish Retail Consortium (SRC) and Sensormatic IQ Footfall Monitor.

The Scottish Retail Consortium (SRC) has called for 'early and concrete action' to sustain the drop in the Scottish shop vacancy rate. In the first quarter of 2022, the Scottish vacancy rate decreased to 15.8%, from 16.1% in Q4 2021. It was 0.5 percentage points higher than in the same point in 2021

Scottish retail sales have returned to pre-pandemic levels, according to the latest Scottish Retail Consortium (SRC) and KPMG retail sales monitor.

Scottish shopper footfall decreased by 21.1% in March (Yo3Y), 0.5 percentage points better than February, according to the latest Scottish Retail Consortium (SRC) and Sensormatic IQ Scottish Footfall Monitor.

Business rates for retailers as well as hospitality and leisure premises in Scotland are being reinstated from tomorrow, at a rate which has been labelled by the Scottish Retail Consortium (SRC) as an "onerous" 23-year high.