Tag Archives: BRC

Funding announced for 35 projects to protect future of London’s high streets

Mayor of London Sadiq Khan has announced funding for innovative projects across the capital aimed at ensuring London’s high streets can ‘flourish and thrive’ as we emerge from the pandemic. In partnership with councils, business groups and other local organisations, 35 projects will be given seed funding by the Mayor …

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BRC reports retail sales growth in June

The British Retail Consortium (BRC) has reported retail sales growth, with total sales increasing by 13.1% in June (Yo2Y), against a decline of 1.3% in June 2019 (YoY). UK retail sales increased 17% on a like-for-like basis from June 2019, when they had decreased 1.6% from the preceding year. Online …

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BRC reports 8% sales increase in March with ‘historic’ online growth

The British Retail Consortium (BRC) has reported an 8.3% increase in total sales this March compared to the same period in 2019. The data covers the five weeks from 28th February-3rd April, with the BRC’s 2021 figures now year-on-two-years (Yo2Y), rather than year-on-year (YoY). This is to reflect 2020 being …

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Shop vacancy rate rises to 13.7% in Q4

The overall GB vacancy rate increased to 13.7% in Q4 of 2020, from 13.2% in Q3, according to data the British Retail Consortium (BRC). It was 1.6 percentage points higher than the same point in 2019. This was the tenth consecutive quarter of increasing vacancy rates, from Q2 2018. All …

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2020 hits record low for retail sales growth

COVID-19 has led to 2020 being the “worst year on record” for retail sales growth, the British Retail Consortium (BRC) has said. Total sales fell by 0.3% for 2020, compared with 2019. Sales increased by 1.8% in December, on a total basis, against a growth of 0.2% in December 2019. …

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YoY footfall for 2020 down by 43%

Total year-on-year footfall for 2020 fell by 43.4%, according to BRC-ShopperTrak data. Year-on-year UK footfall decreased by 46.1% in December, a 19.3 percentage point improvement from November when England was under lockdown. Footfall on high streets declined by 49.5% year on year. This was the worst-performing location type for the …

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September sees “big improvement” in retail sales growth

The BRC has released figures covering the five weeks from 30th August-3rd October 2020, showing a sales increase of 5.6% on a total basis. In September, UK retail sales increased 6.1% on a like-for-like basis from September 2019, when they had decreased 1.3% from the preceding year. Over the three …

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UK footfall decreases by 30% in September

UK footfall decreased by 30.1% year-on-year in September, according to BRC-ShopperTrak data. This was only a 4.7 percentage point improvement from August and remains below the longer-term 12-month average decline of 30.3%. Footfall on high streets declined by 36.9% year-on-year. They were the most negatively affected location in September, again …

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Retail shows signs of recovery but ‘little cause for optimism’

The British Retail Consortium (BRC) has reported a rise in retail sales in July, but said there is ‘little cause for optimism’ as many shops continued to struggle. On a total basis, sales increased by 3.2% in July, against an increase of 0.5% in July 2019. It is above the …

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UK footfall recovery ‘remains sluggish’

UK footfall decreased 49.6% year-on-year during the third week of shops reopening in England and NI, compared to a decrease of 53.4% year-on-year for the previous week, the British Retail Consortium (BRC) has found. Total retail footfall for the week increased 15.3% week-on-week, with high streets and shopping centres showing …

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