With the deadline of 15 December now set for members of the Federation of Independent Retailers (the Fed) to become PayPoint Park Super Agents, PayPoint today announces that more than 1,700 retailers have already signed up, surpassing their 1,500 target. With the £2.5m national advertising campaign now live to drive consumer awareness, the focus has […]
Today, the British Retail Consortium (BRC) published its BRC Payments Survey 2023. UK retail sales rose 4.3% to £439.5bn in 2022, although this was largely due to rising prices resulting from increased costs throughout the supply chain. The number of transactions rose from 17.2bn in 2021 (47.2m per day) to 19.6bn in 2022 (53.7m per […]
Christmas is set to give the long-struggling British High Street the boost it deserves as research shows that well over half the population will shop local in the coming weeks. But more must be done by big brands to commit to the UK’s town centres next year in order to turn around the fortunes of […]
Consumer card spending grew 2.9 % year-on-year in November – less than the latest CPIH inflation rate of 4.7 % but higher than October’s 2.6 % growth – as Brits’ confidence in their ability to spend on non-essential items (56 %) reached its highest level since April. The high street received a welcome boost from […]
As the festive period begins, the British Retail Consortium and UKHospitality have come together to urge the public to be kind and considerate to people who work in retail and hospitality, as well as fellow customers when doing their shopping, dining out or going for a festive tipple this Christmas. The plea comes as violence […]
Covering the four weeks 29 October – 25 November 2023 According to BRC-Sensormatic IQ data: Total UK footfall decreased by 0.7% in November(YoY), an improvement on -5.7% in October. High Street footfall decreased by 1.7% in November(YoY), an improvement on -4.6% in October. Retail Parks footfall decreased by 1.0% in November(YoY), an improvement on -4.3% […]
Celebrating its eleventh year in the UK, Small Business Saturday has become a well-established fixture in the business calendar. New analysis conducted by Clover in the UK indicates that the marketing initiative is yielding positive results for small and medium enterprises (SMEs). Analysis of spending in recent years shows that consumer spending has increased by […]
The annual survey is a ‘state of the nation’ on delivery. It examines the types of delivery and returns services that retailers are providing, how the information is presented, the areas that could be improved and the impact to both consumers and retailers of getting delivery and returns right. With returns, retailers often debate whether […]
Responding to today’s CMA report, “Price inflation and competition in food and grocery manufacturing and supply”, Andrew Opie, director of food & sustainability at the British Retail Consortium, said: “We welcome today’s CMA report, which confirms many of the BRC’s own findings about the grocery sector. The CMA found that own-label goods offer competitive prices […]
Despite current economic headwinds, new research conducted by Savills reveals that a number of European prime retail markets are now in recovery. In particular, the international real estate advisor notes that luxury spend in Europe has proved to be more immune to the squeeze on consumer spending seen this year, helped by the resumption in […]
