Weak rise in high street sales September 6, 2010 SALES on the high street picked up slightly last month but the positive performance was flattered by an extremely weak August 2009, the British Retail Consortium (BRC) will say today. Like-for-like sales values, which strip out the effect on sales of changes in floorspace, rose one per cent in August compared to the same period [...]
Weak rise in high street sales September 6, 2010 SALES on the high street picked up slightly last month but the positive performance was flattered by an extremely weak August 2009, the British Retail Consortium (BRC) will say today. Like-for-like sales values, which strip out the effect on sales of changes in floorspace, rose one per cent in August compared to the same period [...]
Retail sales bleak as spending cuts dent confidence August 9, 2010 RETAIL sales growth is slowing as fears over public spending cuts hit consumer confidence, according to the British Retail Consortium (BRC). Like-for like sales were up just 0.5 per cent in July compared with the same month last year. That was down on the 1.8 per cent rise the year before. Food sales performed relatively [...]
FTSE rises on stimulus expectation October 6, 2010 BRITAIN’S top share index closed higher, at a fresh five month peak yesterday led by miners and energy issues as commodities rose on optimism governments will act to stimulate economies around the world. At the close, the FTSE 100 was up 45.63 points, or 0.8 per cent at 5,681.39, its highest close since 26 April. [...]
FTSE rises on stimulus expectation October 6, 2010 BRITAIN’S top share index closed higher, at a fresh five month peak yesterday led by miners and energy issues as commodities rose on optimism governments will act to stimulate economies around the world. At the close, the FTSE 100 was up 45.63 points, or 0.8 per cent at 5,681.39, its highest close since 26 April. [...]
Commodities drive surge in food inflation September 7, 2010 FOOD price inflation surged to its highest level in more than a year as rising commodity prices fed through into the supermarkets, the British Retail Consortium (BRC) will say today. The BRC’s monthly shop price index shows that annual food inflation increased to 3.8 per cent in August from 2.5 per cent in July, the [...]
Commodities drive surge in food inflation September 7, 2010 FOOD price inflation surged to its highest level in more than a year as rising commodity prices fed through into the supermarkets, the British Retail Consortium (BRC) will say today. The BRC’s monthly shop price index shows that annual food inflation increased to 3.8 per cent in August from 2.5 per cent in July, the [...]
Retailers recruit more staff July 29, 2010 High street retailers employed 22,000 more staff between April and June compared to the same period a year earlier, a new employment monitor from the British Retail Consortium will show today. The increase in employment was driven by a three per cent net annual increase in the number of stores in the second quarter. Retailers’ [...]
Retailers recruit more staff July 29, 2010 High street retailers employed 22,000 more staff between April and June compared to the same period a year earlier, a new employment monitor from the British Retail Consortium will show today. The increase in employment was driven by a three per cent net annual increase in the number of stores in the second quarter. Retailers’ [...]
Discounts take non-food inflation to 10-month low August 3, 2010 AGGRESSIVE discounting by retailers caused non-food inflation to decelerate to just one per cent, its slowest rate of growth since November 2009, the British Retail Consortium (BRC) will say today. Overall, shop price inflation remained at 1.5 per cent thanks to an acceleration in food inflation to 2.5 per cent. Stephen Robertson, director general of [...]