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KPMG LLP (UK)
Retail Sales Monitor
KPMG LLP (UK) BRC Retail Sales Monitor
The BRC-KPMG Retail Sales Monitor (“RSM”)
is one of the key indicators of U.K. retail
sales performance. The RSM provides monthly
data and commentary as to what is happening
to U.K. retail sales as a whole on both a
total and like for like basis. Retail members
of the scheme are provided with weekly analysis
of trends split out into 12 categories of
retail sales.
It is seen as a strong
indicator of consumer spending
patterns and trends in the economy
as a whole. The Monitor comes
as a monthly press release and is used
by the Bank of England and the
Office for National Statistics
as well as the retail industry.
KPMG have been the
administrators and sponsors of
the RSM since April 2000 and
work in close partnership with
the BRC on its expansion and
development.
KPMG
are also responsible for the
administration of the London
Retail Sales Monitor ("LRSM"). The
LRSM also comes as a monthly
press release and are the only
accurate figures on the level
of like for like retail sales
in London.
If
you have any questions in regards
to the above please contact
Monica Woodward of KPMG on
020 7311 8384 or Gill Cronin
on 020 7854 8970.
These
can be accessed in our publications
library.
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