PYMNTS-MonitorEdge-May-2024

British Retail Consortium

Locking Up Retail Items Doesn’t Always Stop Theft, and It’s a Worldwide Worry
Locking Up Retail Items Doesn’t Always Stop Theft, and It’s a Worldwide Worry
October 03, 2023  |  Retail

Retail crime isn’t solely affecting the United States; it’s also a burgeoning concern on the other side of the Atlantic.  On Sunday (Oct 1), 88...

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Card Payments Account for 90% of UK Retail Transactions
Card Payments Account for 90% of UK Retail Transactions
December 12, 2022  |  Payment Methods

Card payments now account for nearly 90% of all retail transactions in the U.K. The findings from the British Retail Consortium’s (BRC) 2022 Payments Survey...

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Retail Consumer Demand Slows in Europe, MENA Accelerates Omnichannel
Retail Consumer Demand Slows in Europe, MENA Accelerates Omnichannel
October 27, 2022  |  emea

In the past week, observers of global retail trends have received the latest statistics from Eurostat, which show that retail sales in the EU fell...

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UK Consumers Start Slow Return To Stores
UK Consumers Start Slow Return To Stores
August 07, 2020  |  Retail

The U.K. retail recovery continues, but at a snail’s pace. According to the British Retail Consortium, U.K. foot traffic decreased by 42.1 percent in July...

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Most UK Retailers Too Small To Get Bailout Loans, Group Says
Most UK Retailers Too Small To Get Bailout Loans, Group Says
March 19, 2020  |  Loans

The Bank of England (BoE) is excluding many businesses from its short-term loans for coronavirus-related relief, critics say, by including restrictions based on credit ratings...

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BRC Reports 1.3 Pct Drop In September UK Sales
BRC Reports 1.3 Pct Drop In September UK Sales
October 07, 2019  |  Retail

After the British Retail Consortium (BRC) indicated the weakest growth in eCommerce and high street spending since the survey began in the mid-90s, merchants have...

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UK Retailers Press For Commercial Card Interchange Fee Caps
UK Retailers Press For Commercial Card Interchange Fee Caps
February 27, 2019  |  B2B Payments

The European Union’s (EU’s) battle against U.S. card company interchange fees reached new levels earlier this year when the European Commission (EC) issued a $648.3...

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UK Cash Use Falls
UK Cash Use Falls
September 12, 2018  |  Cash

Cash purchases in the U.K. fell 1 percent last year, and now account for just 22 percent of purchases in the country. Data from the...

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