UK Shop Prices Rise at Slowest Rate Since December
UK shop prices have recorded their smallest increase since December, according to data released by the British Retail Consortium (BRC).
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Wet February leads to plunge in shopping trips
Total UK footfall dropped 4.7% year on year, down from January’s 0.6% decrease, according to British Retail Consortium (BRC)-Sensormatic data.
UK Shoppers Return to High Street Amid Warm Weather and Improved Confidence
British Retail Consortium figures indicate that UK shoppers returned to the high street in May, with footfall rising and consumer confidence improving, offering respite to retailers after a spending squeeze.
UK Spring Forecast Raises Concerns for Retail Sector
The British Retail Consortium (BRC) has voiced concerns for the UK retail sector following the latest Spring Forecast, highlighting potential challenges ahead.
Shop Price Inflation Increases Amid Middle East Crisis, Food Giants Halt Price Cuts
Shop price inflation is increasing as 'storm clouds loom' amid the Middle East crisis, with the British Retail Consortium noting a rise but no indication of reaching previous peaks. This comes as major food companies had already begun to halt price cuts, facing difficult decisions due to the threat of another inflation surge.
UK Shop Price Inflation Eases, Food Costs Remain Up
Overall shop price inflation in the UK eased slightly to 1.1% from 1.5% in January, though food costs are still 3.5% higher than a year ago, according to the British Retail Consortium and NIQ.