Scottish Retail Consortium

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Scottish retail sales for August displayed a sluggish performance, growing only 5.6% compared to the same period last year, falling short of the 3-month average increase of 7.5% and the 12-month average growth of 8.5%. When adjusted for inflation, the figures reveal a year-on-year decline of 1.3%.

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The Scottish Retail Consortium (SRC) has called for public spending restraint rather than tax increases to form the bulk of the action needed to plug the Scottish Government’s projected £1 billion spending gap next year. The gap in the devolved government’s finances is forecast to

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Scottish retail sales witnessed a sharp decline in July, with factors including inclement weather and unfavourable economic conditions weighing heavily on the industry, as per data from the Scottish Retail Consortium (SRC). July's sales showed a modest growth of 4.6% compared to July 2022, but this

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Scottish retail vacancy rates have risen to a concerning 15.9% in Q2 2023, marking a 0.2 percentage point increase from the same period in 2022, with high street and shopping centre vacancies hitting 15.1% and 20.7%, respectively, according to Scottish Retail Consortium and Local Data Company's Q2 2

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Empty retail units in Scotland have risen by a fifth when compared to pre-pandemic levels, according to the latest figures published by the Scottish Retail Consortium (SRC). In Q1 2023, the Scottish vacancy rate remained 15.7% for the fourth consecutive quarter. It was 0.1 percentage points better t

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Belated festive spending has increased retail sales in Scotland in the four weeks to the 26th of November, according to the latest Scottish Retail Consortium (SRC) and KPMG Scottish Retail Sales Monitor.

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In the second quarter of 2022, the Scottish vacancy rate decreased to 15.7%, from 15.8% in Q1, according to the latest figures published by the Scottish Retail Consortium (SRC) and the Local Data Company (LDC). The rate was 0.4 percentage points lower than in the same point in 2021.

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