British Retail Consortium

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The British Retail Consortium (BRC) and KPMG released research reporting a 2.3% increase in sales in July (on a total basis), a 1.6% like-for-like basis increase from July 2021. Although there is an increase in sales, volume is down. This is attributed to rising inflation and households cutting back

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Debit and credit card transactions surpassed four in every five pounds spent in 2020, (81%, up from 78% in 2019), according to the latest Payments Survey released by the British Retail Consortium (BRC) The pandemic and digital shift mean that cash use now accounts for just 15% of total spending in r

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The UK retail sector suffered its worst March on records as sales plummetted amid the coronavirus pandemic, according to the latest British Retail Consortium (BRC) and KPMG Retail Sales Monitor.

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