Scottish Retail Consortium

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%.

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

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

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

Easter lifted Scottish retail sales in April, as total sales in Scotland rose by 9.1% compared with April 2022, according to the latest Scottish Retail Consortium (SRC) and KPMG Scottish Retail Sales Monitor.

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

A Scotland-only business rates surcharge is set to cost firms a cumulative £180 million over the next three years, the Scottish Retail Consortium (SRC) has warned.

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.

New research by CBI Economics, conducted on behalf of the CBI and its retail members, reveals retail and wholesale activity is now worth £352 billion a year to the UK economy. According to the research, urgent reforms to the UK’s outdated Business Rates system and inflexible Apprenticesh

Scottish footfall decreased by 14.8% in August Year on 3 Years (Yo3Y), 1.7 percentage points better than July, however, this is worse than the UK average decline of 12.4% (Yo3Y).

Measures to protect living standards, assist retailers to keep down shop prices, and help retail destinations rebound should be at the heart of the upcoming Scottish Budget, according to the Scottish Retail Consortium (SRC). 

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.

A new report from the Scottish Retail Consortium (SRC) has revealed that Scottish retailers raised or donated over £16.63 million in 2021 for good causes in Scotland.

Glasgow City Council has approved the roll-out of Covid Low-Income Gift Cards worth £105 to around 85,000 low-income households in the city.

Total sales in Scotland increased by 1.6% compared with May 2021, when they had grown by 60.9%, according to the latest Scottish Retail Consortium (SRC) and KPMG Scottish Retail Sales Monitor.