Scottish shopper footfall has experienced a significant decline in May, showing a 5.4% year-on-year decrease.
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Scottish retail sales experienced a notable dip, reflecting a 4.0% year-on-year decrease compared to April 2023 figures, according to the Scottish Retail Consortium and KPMG. The shift in Easter's timing, occurring earlier this year in March, distorted year-on-year sales comparisons, with purchases
Recent data reveals a concerning trend in Scottish footfall, urging for cohesive strategies from the incoming First Minister.
The Scottish Retail Consortium (SRC) is urging Scottish Ministers to adopt a strategic approach to taxation in their upcoming medium-term tax strategy.
Retail sales in Scotland have seen a 2.8% increase in the five weeks to 30 March 2024, buoyed by the early arrival of Easter. This growth is above the 3-month average increase of 2.1%, though below the 12-month average of 5.2%. Adjusted for inflation, the year-on-year growth stands at 1.5%.
Scottish footfall decreased by 0.9% in March, a significant improvement from the 3.2% drop recorded in February, according to data analysed by the Scottish Retail Consortium and Sensormatic Solutions.
The Scottish Retail Consortium has welcomed the backing of Scottish Ministers over the reintroduction of tax-free shopping for international visitors.
A new analysis by the Scottish Retail Consortium (SRC) has found a Scotland-only business rate surtax being considered by Scottish Ministers would leave larger grocery stores here facing by far the highest business rate bills in the UK. It follows the announcement on Thursday when Northern Ireland b
Sixteen business representative groups have jointly written to the Scottish Government’s Deputy First Minister & Finance Secretary, Shona Robison MSP, to voice alarm at the Scottish Government’s consideration of a new business rate surtax and what it means for wider tax policy towar
There has been a 2.7% decrease in Scottish retail footfall, slightly better than the UK average of 2.8% year-on-year during the period of 31 December 2023 to 27 January 2024, the latest SRC-Sensormatic IQ data reveals.
In a challenging conclusion to 2023, Scottish retailers faced a disappointing December as sales figures revealed a decline in real terms.
The Scottish Retail Consortium (SRC) has appealed to the Scottish Government to shield businesses from significant tax hikes in today's forthcoming Scottish Budget.
As Christmas 2023 approaches, Scottish retailers have been faced with a challenging trading environment, marked by a slowdown in sales growth, according to the KPMG-SRC Scottish Retail Sales Monitor.
Scottish retailers have faced a daunting start to the crucial festive period, with total sales rising a modest 2.9% in October 2023 compared to the same month last year, falling below both the three-month and twelve-month average increases.
Scotland's retail sector felt the brunt of severe October storms, with shopper footfall witnessing a significant drop, according to the latest data from SRC-Sensormatic IQ.