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UK shop price deflation continues for 34th consecutive month

Although consumer spend is predicted to take a turn for the worst next year, 2016 is still a consumer market as shop prices continue to fall. According to the latest data from the British Retail Consortium (BRC) - Nielsen Shop Price Index, overall shop prices dropped 2 percent in February versus the 1.8 percent dip in January, making it the 34th...

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Retail

Retail crime hits record breaking high of 603 million pounds in 2014

Retail crime is on the rise in the UK and reached its highest point in a decade, according to the latest data published by the British Retail Consortium (BRC) Retail Crime Survey. The average value of every in-store theft has increased by a whopping 36 percent over the past year, to 241 pounds per incident, which has led to the jump of direct...

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