Retailers at risk of going under are on the increase April 12, 2011 THE NUMBER of retailers at risk of going under shot up for the second consecutive month in March, according to insolvency firm RSM Tenon. The number of companies deemed to be at high risk of insolvency jumped by four per cent in March, compared to the month before, and jumped two per cent compared to [...]
Shop price inflation eases April 6, 2011 Shop price inflation slowed in March as grocers offered discounts on food, a survey showed, providing some relief to consumers hard-pressed by rising taxes and higher fuel prices. Prices on the high street were still up 2.4 per cent from a year ago, but inflation eased from February’s 27-month high of 2.7 per cent, the [...]
Shop price inflation eases April 6, 2011 Shop price inflation slowed in March as grocers offered discounts on food, a survey showed, providing some relief to consumers hard-pressed by rising taxes and higher fuel prices. Prices on the high street were still up 2.4 per cent from a year ago, but inflation eased from February’s 27-month high of 2.7 per cent, the [...]
Retail sales up as public borrowing improves April 21, 2011 Retail sales rose unexpectedly in March helped by stronger food sales on the month, while public sector borrowing for the fiscal year ending in March came in below the government’s target, official data showed. The Office for National Statistics said retail sales volumes including automotive fuel rose 0.2 percent last month after dropping by 0.9 [...]
Retail sales up as public borrowing improves April 21, 2011 Retail sales rose unexpectedly in March helped by stronger food sales on the month, while public sector borrowing for the fiscal year ending in March came in below the government’s target, official data showed. The Office for National Statistics said retail sales volumes including automotive fuel rose 0.2 percent last month after dropping by 0.9 [...]
UK high street sales drop at record rate April 11, 2011 SPENDING on the UK high street plummeted at a record rate last month, the British Retail Consortium (BRC) said today. The year-on-year drop was partly due to the Easter holidays switching to April this year, which delayed a traditional boost in spending. “This year’s later Easter is a factor but this fall goes way beyond [...]
Google and BRC in web plan March 22, 2011 THE British Retail Consortium (BRC) and Google are tomorrow set to reveal plans for a new quarterly report which will monitor online retail sales. John Gillan, Google’s senior industry retail head, will unveil the BRC – Google Online Retail Monitor (ORM) tomorrow. The ORM will measure traffic for the part of the retail sector operating [...]
Retailers plead over Budget February 14, 2011 Shop owners have called for a “retail friendly” Budget next month, after new data showed a spike in the number of empty shops. Figures from the Local Data Company, published today, show shop vacancy rates climbed to 14.5 per cent at the end of 2010, compared to 12 per cent a year earlier. The British Retail Consortium [...]
Inflation in British stores still growing March 8, 2011 PRICES in British shops rose again in February, despite a slowdown in food price inflation, the British Retail Consortium (BRC) revealed today. Overall prices grew 0.7 per cent compared to January, when they increased by 0.6 per cent on December. Inflation in February rose to an annualised rate of 2.7 per cent, up from 2.5 [...]
Sterling’s outlook waiting on rates May 17, 2011 IG INDEX DAVID JONES Tuesday saw the usual flurry in forex markets when the latest UK inflation figures were released, showing annual CPI at a larger than widely expected 4.5 per cent. The pound rallied half a cent against the US dollar in very short order and then over the course of the next few [...]