A new National Strategy for Economic Transformation, underpinned by detailed analysis of Scotland’s economic strengths and weaknesses, has been published by the Scottish Government.
Scottish Retail Consortium
Scottish retail sales in Scotland decreased by 7.9% in January, an improvement of .1 percentage points from December 2021 and is the lowest Yo2Y decline recorded since July last year.
Scottish footfall decreased by 16.2% in January (Yo2Y), a 6.6 percentage point improvement on December, according to the latest Scottish Retail Consortium (SRC) and Sensormatic IQ Footfall Monitor.
In the fourth quarter of 2021, the Scottish vacancy rate decreased to 16.1%, from 16.4% in Q3, according to the latest figures published by the Scottish Retail Consortium (SRC) and the Local Data Company.
A fresh analysis undertaken by the Scottish Retail Consortium (SRC) estimates shops in Scotland have missed out on £5.8 billion of retail sales during the past two years of the Covid pandemic.
Total retail sales in Scotland increased by 15.6% compared in December, compared to the same period the year before, when they had decreased by 16.6%, according to the latest Scottish Retail Consortium (SRC) and KPMG Retail Sales Monitor.
Scottish shopper footfall dropped by 22.8% in December (Yo2Y), a 3.0 percentage point decrease from November, according to the latest Scottish Retail Consortium (SRC) and Sensormatic IQ Footfall Monitor.
The Scottish Retail Consortium (SRC) has called for further aid for the retail industry as it published a written response to the Scottish Government’s Budget held earlier this month.
Total sales in Scotland increased by 2.6% compared with November 2020, when they had decreased by 10.2%, according to the latest Scottish Retail Consortium (SRC) & KPMG Scottish Retail Sales Monitor.
Scottish footfall decreased by 19.8% in November, a 2.8 percentage point decrease from October, according to the latest Scottish Retail Consortium (SRC) and Sensormatic IQ data.
The return of Halloween has failed to lift retail figures, as total sales in Scotland increased by just 2.0% compared with October 2020, according to the latest Scottish Retail Consortium (SRC) and KPMG Scottish Retail Sales Monitor.
Thirteen business representative groups and industry bodies have jointly written to the Scottish Finance Secretary asking her to introduce a business rates discount for all retail premises for the coming financial year. The retail industry in Scotland employs 230,000 people and traditionally account
Total retail sales in September continue to perform below pre-pandemic levels, with sales down 9.1% compared with September 2019, according to the latest Scottish Retail Consortium (SRC) and KPMG Scottish Retail Sales Monitor.
Scottish footfall decreased by 19.9% in September (Yo2Y), a 1.3 percentage point increase from August, according to the latest Scottish Retail Consortium (SRC) and Sensormatic IQ Footfall Monitor.
The Scottish Government has announced that people who have suffered the most as a result of the pandemic will be at the heart of Scotland’s Covid recovery strategy. The new strategy, For a Fairer Future, sets out the next steps in Scotland’s recovery from the pandemic, recognising t