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New BRC Christmas FAQs outline festive retail challenges
Yahoo Finance· 2025-12-12 09:21
Core Insights - The British Retail Consortium (BRC) has released its 2025/26 Christmas FAQs, providing retailers with insights on key issues affecting the festive trading period [1] Retail Sales Trends and Evolving Festive Spending Patterns - Retail sales have shown significant performance over the past year, with December being the most crucial month for retailers due to increased Christmas shopping [2] - Consumer confidence is affected by tighter household budgets, leading to earlier spending patterns influenced by events like Black Friday [3] - Consumers are spreading their purchases over several weeks, resulting in a competitive but less concentrated trading window [3] Supply Chain Pressures, Crime Risks, and Operational Planning - Supply chain disruptions remain a major concern, prompting retailers to secure stock and finalize logistics plans earlier to avoid delivery issues [4] - Clear communication regarding delivery cut-off dates is essential to ensure timely festive orders [4] - Retail crime incidents typically increase during peak trading periods, necessitating measures to protect staff, stores, and online platforms [5] Cost-of-Living Pressures and Sustainability Expectations - Rising living costs are making consumers more price-sensitive, particularly in essential categories like food, influencing shopping behavior during Christmas [6] - Retailers are advised to adjust pricing strategies and enhance customer support services to help shoppers manage tighter budgets [6] - Sustainability expectations are growing, with demand for recyclable packaging and responsibly sourced goods increasing among consumers [7] - Retailers are encouraged to incorporate sustainability into merchandising and operational decisions as they prepare for the festive season [7]
Workers threatened with weapons as retail crime spikes
Michael West· 2025-10-30 07:15
Core Insights - Retail workers at Bunnings and Kmart face over 1000 threats from customers each month, with a significant rise in incidents involving weapons [1][3] - Wesfarmers reported a 66% increase in serious harm threats at Bunnings and a 29% increase at Kmart [1][3] - The company recorded 13,500 instances of customer threats to workers over the past year, with more than 1000 involving physical assault [3] Security Measures - Kmart has enhanced security at high-risk locations and trained staff in de-escalation tactics [4] - Body-worn cameras have been deployed to improve safety for retail workers [4] Crime Statistics - One-in-three retail crimes in Australia occur in Victoria, which is 60% higher than any other state [5] - 79% of Victorians express concern over rising crime levels, compared to 66% in other regions [5] Legislative Actions - The ACT has laws allowing judges to impose workplace protection orders against violent offenders for up to 12 months [7] - South Australia has introduced similar legislation, and New South Wales has launched a police retail crime strategy to restrict recidivist offenders from retail premises [7] Company Performance - Wesfarmers achieved a record net profit after tax of $2.7 billion, a 3.8% increase from the previous year, with total revenue reaching $46 billion [9] Taxation Concerns - Chairman Michael Chaney warned that a proposed 5% cash flow tax could lead to an exodus of business investment and make Australia's tax regime one of the most burdensome globally [11][12] - Chaney emphasized that 93% of Wesfarmers' revenue is distributed to suppliers, team members, governments, and the community, highlighting the importance of large companies in the economy [11]