BRC
This coverage focuses on the British Retail Consortium (BRC) and its influence on the UK petcare industry through policy advocacy, market research, and industry standards. Pet Gazette reports on BRC’s economic updates, retail performance data, regulatory guidance, and initiatives affecting pet retailers, wholesalers, distributors, and supply chain operators. Our coverage provides pet trade professionals with insights into market trends, compliance requirements, and business strategies shaped by the BRC’s work.
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May- 2022 -9 MayIndustry News
Shop owners to be forced to rent out empty premises
Shop owners in England could be forced to let out premises that have been vacant for over a year, under new plans from the government. The plans are set to be unveiled as part of the Levelling up and Regeneration Bill, expected to be unveiled in the Queen’s speech on…
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Mar- 2022 -16 MarchRetailers
Retail sales monitor shows ‘cause for optimism’, Bira says
The British Independent Retailers Association (Bira) has said there is “cause for optimism” after the recent BRC-KPMG retail sales monitor for February 2022 which revealed that UK retail sales increased 2.7% on a Like-for-like basis from February 2021. According to the BRC the performance comes on top of an improved…
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Feb- 2022 -2 FebruaryEconomy
Shop price inflation surges to 1.5%
Shop Price annual inflation accelerated to 1.5% in January, up from 0.8% in December, according to latest research from the British Retail Consortium (BRC). This is taken from the period covering 1 – 7 January 2022 and reveals it is above the 12-month average decrease of 0.6 and six-month average…
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Jan- 2022 -5 JanuaryRetailing
Price rises to pick up momentum in 2022
Shop price annual inflation accelerated to 0.8% in December, up from 0.3% in November with prices set to rise in the new year, according to a latest study from the BRC. The increase of 0.3% is above the 12 and six month average price decreases of 0.9% and 0.3%, respectively.…
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Oct- 2021 -27 OctoberIndustry News
Chancellor unveils 50% rates discount for Retail, Hospitality and Leisure
Chancellor Rishi Sunak has unveiled a 50% discount on business rates for the hospitality, retail and leisure sectors (up to £110,000), equating to a business tax cut worth £1.7bn, the biggest single-year rates cut for firms in over 30 years. Unveiling his latest Budget in the Commons today (27 October),…
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6 OctoberIndustry News
Sustainability increasingly important for consumers, survey finds
Compared to 2019, 22% more consumers said environmental responsibility is very or extremely important when deciding on a brand, according to a recent survey carried out by the IBM Institute for Business Value (IBM). IBM, a BRC climate action roadmap partner, surveyed more than 14,000 adults around the world about…
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Sep- 2021 -23 SeptemberRetailers
Card retail transactions up to 81%, survey finds
Debit and credit card retail transactions surpassed four in every five pounds spent in 2020 (81%, up from 78% in 2019), according to the latest annual payments survey published by the British Retail Consortium (BRC). Cash use now accounts for just 15% of total spending in retail (down from 20%…
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Jul- 2021 -30 JulyCoronavirus
One in seven UK shops still remain vacant, BRC reveals
More than one in seven shops on UK high streets, retail parks and shopping centres are currently vacant, according to the latest data from the Local Data Company and the British Retail Consortium (BRC). The data revealed that fashion stores were amongst the “hardest hit” as customers primarily shifted to online shopping…
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13 JulyEconomy
UK retail sales jump 13.1% in June
Total retail sales in the UK increased by 13.1% in June, according to the latest BRC-KPMG retail sales monitor. On a like-for-like basis, the country’s retail sales rose by 17% from June 2019, with non-food reporting a like-for-like sales jump of 47%. In the nation’s high street stores, sales were…
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12 JulyTrade Organisations
Footfall flatlines in June
Footfall from shoppers in the UK plateaued despite social distancing restrictions remaining largely the same, according to new data from the British Retail Consortium (BRC). The latest Footfall Monitor from BRC and Sensormatic found that overall footfall in the UK dropped by 27.6% in June compared to the same month…
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