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The Latest Breaking News from BRC

Retailers warn Chancellor against £400m business rates hike

A group of 44 retail leaders have written to Jeremy Hunt to halt an inflation-based increase to property tax bills.

The Independent UK

Retailers look on sunny side as holidaymakers splash out

Sales of health and beauty products help high street stores bounce back after a disappointing start to the summer

The Guardian - UK

Confident consumers boost retail sales in August

Total UK retail sales were up 4.1% on last August, above the three-month average of 3.6%, according to the BRC-KPMG Retail Sales Monitor.

The Independent UK

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Police told to target shoplifters

Police must have a “zero tolerance” approach to all shoplifting including thefts of low-value goods, the policing minister has said.

The Week

Tesco staff offered body cameras as abuse by customers climbs

"I want those who break the law in our stores brought to book," Tesco CEO Ken Murphy says.

Fortune

UK food prices as big a concern for consumers as energy bills, Which? finds

Pace of food inflation continued to slow in August, data shows, but trust in supermarket sector at decade-low

The Guardian - UK

Fresh food prices help retail inflation to slow in August, new figures suggest

The figures do not mean things are getting cheaper, but that prices are increasing at a slower rate than they did previously.

The Independent UK

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Britain loses 6,000 storefronts in five years

The highest vacancy rates were in the North East and the Midlands, followed by Wales and Scotland, according to the BRC-LDC Vacancy Monitor.

The Independent UK

Retail chief calls on Mayor of London to take action amid huge spike in shop thefts

Thefts from London retail premises rose by 13% last year, and experts say they are becoming increasingly violent

Evening Standard

UK retailers report sizzling sales in hot June weather

Shoppers snap up barbecue food, swimwear, beach towels, outdoor games and garden furniture in June

The Guardian - UK

Pressure grows on supermarkets as soaring food prices ‘harm mental health’

Many people say their physical health has deteriorated because of high food prices

The Independent UK

Shop price inflation easing, say top UK retailers before key meeting with MPs

British Retail Consortium says figure eased to 8.4% in June from 9% in May

The Guardian - UK

3 Air Defense Stocks to Buy for Stability

With geopolitical tensions rising, investing in air defense stocks has become attractive for those looking to capitalize on the growing demand for military technology and security. Thus, one could consider buying the shares of Lockheed Martin Corp. (LMT), General Dynamics Corp. (GD), and Brady Corp. (BRC), which have proven to…

StockNews.com

Hard-pressed UK shoppers feel food ‘shrinkflation’

Consumers increasingly claim that manufacturers are reducing the size of products, Barclays research finds

The Guardian - UK

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Manchester Evening News

Supermarket remains third cheapest behind Lidl and Aldi as retailers hike price of same budget essential

Three retailers have increased the price of the same item by 7% in the last week

The Week

Cost of living: is shoplifting on the rise?

Supermarkets are responding to a rise in shoplifting by putting empty coffee jars on the shelves, limiting the number of steaks on view and adding security tags to everyday items such as milk.

The Guardian - UK

‘One guy uses us like a larder’: the British shoplifting crisis – as seen from the tills

In Britain, shop thefts have more than doubled in the past six years, reaching 8m in 2022. We spent a day talking to shopkeepers in Manchester, where raids on the shelves are a regular occurrence

The Independent UK

Huge price increase means ‘dummy’ coffee jars are appearing in supermarkets

Cost of instant coffee has risen by some 13 per cent over past year

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Daily Mirror

Food price rises may have FINALLY peaked in glimmer of hope for shoppers

The price of groceries went up by 15.4% in the year to May, down from 15.7% in April, according to the latest British Retail Consortium and NielsenIQ inflation tracker

The Guardian - UK

Nvidia becomes world’s first chipmaker worth more than $1tn – as it happened

The AI boom is driving demand for chips from manufacturers like Nvidia, which has seen its share price soar

Manchester Evening News

Eyewatering rise in food prices might be starting to slow down

Food inflation fell to 15.4% in the year to May, according to a survey

The Independent UK

Food inflation slows to 15.4% in May after April record, survey suggests

May data is still the second fastest annual increase the BRC has ever measured, it said

The Guardian - UK

UK food inflation dips in May, raising hopes rate of price growth is slowing

British Retail Consortium says rate fell from 15.7% to 15.4% even as rise in overall shop price growth hits fresh high

The Independent UK

Food inflation slows in May after April record, survey suggests

Food inflation fell to 15.4% in the year to May, according to a survey by the British Retail Consortium and Nielsen.

The Guardian - UK

Alan Phillips obituary

Human rights adviser who in the 1970s proposed that aid to Chile should be reallocated to support humanitarian programmes

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