THE RETAIL BULLETIN - The home of retail news
Lest we forget
HOME
RETAIL NEWS
RETAIL EVENTS
Fashion
Department Stores
Shopping Centres & Retail Parks
Home & DIY
Electricals
Health & Beauty
General Merchandise
Entertainment
Sports & Leisure
Retail Solutions
Food & Drink
Interviews
RETAIL INSIGHTS
RETAIL SOLUTIONS
ABOUT US
CONTACT US
SUBSCRIBE FOR FREE
Town centre shop vacancy rates remain stable in June

Town centre shop vacancy rates in the UK have remained stable for the fifth month in a row, according to figures released by the Local Data Company.

GENERAL MERCHANDISE

Town centre shop vacancy rates remain stable in June

Town centre shop vacancy rates in the UK have remained stable for the fifth month in a row, according to figures released by the Local Data Company.

In June the shop vacancy rate stayed at 14.1%, reflecting a gradual overall improvement in the number of empty shops in town centres since the end of 2010.

Matthew Hopkinson, director at the Local Data Company said: “This is the fifth consecutive month that the national shop vacancy rate has held at 14.1%. In part this is as a result of growing consumer confidence or acceptance of the ‘new norm’ as well as the growth of other sectors such as charity shops, convenience food stores and nail bars replacing traditional shop uses such as bookshops, clothing and electronics.

“In addition, we are seeing a rise in the number of leisure units, some of which are a result of change of use from shops to leisure. This growth is reflected by the fact that the leisure vacancy rate is half that of the shop vacancy rate at 7.1%.”

Email this article to a friend

You need to be logged in to use this feature.

Please log in here

Subscribe For Retail News

RETAIL EVENTS

The Retail Design Seminar 2018
The Retail Design Seminar 2018
14 November 2018
The Cavendish Conference Centre
The Retail Design Seminar 2018
Omnichannel Futures Conference 2019
Omnichannel Futures Conference 2019
6 February 2019
Cavendish Conference Centre, London WG1 9DT
A truly omnichannel offering requires an understanding of customer behaviour across all shopping channels and how this should impact your overall business strategy
Customer Engagement Conference 2019
Customer Engagement Conference 2019
5 June 2019
Cavendish Conference Centre, London W1
The 10th Annual Retail Customer Engagement Summit
AI in Retail Conference 2019
AI in Retail Conference 2019
18 September 2019
Cavendish Conference Center, 22 Duchess Mews, London W1G 9DT
Retail marketing is changing pace rapidly by making communication across all platforms personalised, relevant, efficient, and helpful. AI not only helps shoppers find a perfect product but also pre-empts the shopping behaviour and speeds up payment.
The HR Summit 2019
The HR Summit 2019
Tuesday 8 October 2019
The Cavendish Conference Centre, London W1
The 11th HR Summit 2019, The Cavendish Conference Centre, London W1, 8 October 2019