New research has found there were almost 50 shop closures a day in the first half of 2021, with the high street suffering the worst and almost all types of chain stores seeing a decline (unsurprisingly, takeaways and job centres grew in the period). BBC News has the story.
More than 8,700 chain stores closed in British high streets, shopping centres and retail parks in the first six months of this year, research suggests. …
But despite some high-profile retail failures, the number of closures has fallen compared with a year earlier.
City centres have suffered the worst, while retail parks are faring better.
The store closure figures were collected by the Local Data Company on behalf of accountancy firm PwC.
“After an acceleration in store closures last year couple[d] with last minute Christmas tier restrictions and lockdowns extending into 2021, we might have expected a higher number of store closures this year,” says Lisa Hooker, consumer markets lead at PwC.
She believes continued Government support combined with resilient consumer spending has helped many operators weather the storm and survive the pandemic.
The Local Data Company tracked more than 200,000 stores operated by businesses with more five outlets across Great Britain. These include everything from retail and restaurants, to cafes, banks and gyms. …
Fashion retailers recorded the biggest decline reflecting the collapse of Sir Philip Green’s retail empire which saw his brands, including TopShop and Dorothy Perkins, disappear from the High Street.
More than 120 department stores also shut for good.
There was also a decline in car showrooms, betting shops and banks, providing yet more evidence of changing shopping behaviour and the shift to online.
Data also shows that store openings were at their lowest level for six years. Leisure dominated the growth with takeaway chains leading the way.
Worth reading in full.
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Wilful destruction of our economy, our culture and our way of life.
So Dictator Dan just announced he’s willing to kill people over the vaccine issue.
https://www.youtube.com/watch?v=1XPamOnjMcM
Next Peaceful & Friendly Roadside Banner Events : Bracknell, Henley-on-Thames & Wokingham
– let’s join in with Worldwide backlash before it’s too late
5pm Monday 6th September
Roundabout (County Lane/Jigs Lane N)
Outside Tesco Superstore
17 County Ln,
Warfield,
Bracknell Berks RG42 3JP
4pm Tuesday 7th September
Henley Bridge/White Hill,
Henley-on-Thames RG9 2LP
– Probably best to park in Town Centre Car Park
5pm Friday 10th September
Loddon Bridge, (Winnersh Garden Centre/Showcase Cinema)
Reading Rd, Winnersh,
Wokingham Berks RG41 5HG
** 12pm Saturday11th September ** Hold The Line Event (like the Baltic countries in 1989)
Meet on Wokingham Rd outside Weather Vane Pub Arlington Square, Wokingham Rd (B3408) , Bracknell RG42 1NA
As the Weather Vane still requires masks I wouldn’t drink there or park there.
Sunday 19th September Stoke Park Guildford 12-3pm – after your local Stands!!
Stand in South Hill Park Bracknell –
Sundays from 10am & Wednesdays from 2pm
Make friends – keep sane
http://t.me/astandintheparkbracknell
The properties to be bought by multinational global elites for a fraction of their value, the business swallowed by multinational internet companies, mass unemployment, Universal Basic Income to rely on “The State”. We will own nothing and be happy. (Some of us won’t).
so the plan is working then?
“IF IT SAVES ONE LIFE!!!”
Never mind the millions of LIVES it’s ruined and destroyed.
But that is the plan.
Son has just signed the lease on his second retail store (city centre) this year. The wargaming business is booming.
Great at least one bright spot on this whole debacle.
Sincerely hope he doesn’t require masks and all the associated crap.
Bloody good luck to him
This was always the plan. Destroy the middle classes. FIGHT BACK BETTER: https://www.LCAHub.org/
Some context please. How do openings and closures compare to other periods, say 2008. We criticise MSM and governments (rightly) but numbers in isolation are never the full picture.
The shops owe NO LOYALTY to this insane totalitarian government, why are they not fighting back. We need businesses to be defying the diktats, refusing closures and refusing to discriminate on the basis of ID cards. Can businesses not see that government is the enemy, not covid, and that if they hold the line and defy together nothing can be done to stop them.
Good ole Amazon win again…global takeover…
Use your local shops or you are instrumental in the downfall of local shopkeepers…
And Councils continue to punish motorists and discourage them from driving into towns. Government still discouraging public transport with the face mask joke. Cash not being accepted. Why bother patronising the High Street and getting punished for it?
Actually some shops have told me they prefer card payments so they don’t have to go to the bank and pay in cash so often (no banks left here, they have to go to another town).