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The Scottish Retail Consortium (SRC) has welcomed the backing of Scottish Ministers over the reintroduction of tax-free shopping for international visitors. It comes ahead of the new Chancellor of the Exchequer’s UK Budget.

A new analysis from the Scottish Retail Consortium has suggested shops in Scotland could see a £13 million hike in their business rates bills from April. The latest ONS Consumer Price Index reveals that inflation stood at 1.7% last month. September’s inflation rate is what UK Ministers t

Scottish shopper numbers rose slightly in September, but this hasn't translated into increased sales, according to the Scottish Retail Consortium (SRC).

Scottish retailers experienced another month of declining sales in August, marking a disappointing summer for the sector.

The Scottish Retail Consortium has called for injecting greater certainty into fiscal plans, spending restraint rather than tax rises, and tax competitiveness as central focus points in the upcoming Scottish Budget. In its Budget submission – entitled Realising The Growth Ambition – sent

Shoplifting is up by more than a third since last year, according to new police figures. The latest recorded crime figures reveal that 40,554 alleged shoplifting crimes were reported to police in the year ending June 2024, up from 30,202 the previous year and 27,045 in the year ending June 2020.

Scottish retail sales experienced a significant decline in June 2024, dropping by 3.6% compared to the same period last year.

Scotland’s shops are set to score from the European football championships with new research finding one in eight Scots plan to spend more on food and drink to enjoy whilst watching matches. Electrical and sporting goods shops are likely to do well, as well as grocery and food-to-go businesses

May brought lacklustre results for Scottish retailers, with total sales increasing a mere 0.1% compared to the previous year.

Scottish shopper footfall has experienced a significant decline in May, showing a 5.4% year-on-year decrease.

Scottish retail sales experienced a notable dip, reflecting a 4.0% year-on-year decrease compared to April 2023 figures, according to the Scottish Retail Consortium and KPMG. The shift in Easter's timing, occurring earlier this year in March, distorted year-on-year sales comparisons, with purchases

Recent data reveals a concerning trend in Scottish footfall, urging for cohesive strategies from the incoming First Minister.

The Scottish Retail Consortium (SRC) is urging Scottish Ministers to adopt a strategic approach to taxation in their upcoming medium-term tax strategy.

Retail sales in Scotland have seen a 2.8% increase in the five weeks to 30 March 2024, buoyed by the early arrival of Easter. This growth is above the 3-month average increase of 2.1%, though below the 12-month average of 5.2%. Adjusted for inflation, the year-on-year growth stands at 1.5%.

Scottish footfall decreased by 0.9% in March, a significant improvement from the 3.2% drop recorded in February, according to data analysed by the Scottish Retail Consortium and Sensormatic Solutions.