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Almost 50 Shop Closures a Day in First Half of 2021

by Michael Curzon
5 September 2021 1:04 PM

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.

Tags: High streetShopping

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    14 Comments
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    mishmash
    mishmash
    3 years ago

    comment image

    12
    0
    Lockdown Sceptic
    Lockdown Sceptic
    3 years ago
    Reply to  mishmash

    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

    5
    -2
    GlassHalfFull
    GlassHalfFull
    3 years ago

    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).

    20
    0
    A Heretic
    A Heretic
    3 years ago

    so the plan is working then?

    8
    -1
    Fingerache Philip
    Fingerache Philip
    3 years ago

    “IF IT SAVES ONE LIFE!!!”
    Never mind the millions of LIVES it’s ruined and destroyed.

    17
    0
    huxleypiggles
    huxleypiggles
    3 years ago
    Reply to  Fingerache Philip

    But that is the plan.

    7
    -1
    Norman
    Norman
    3 years ago

    Son has just signed the lease on his second retail store (city centre) this year. The wargaming business is booming.

    9
    0
    Judy Watson
    Judy Watson
    3 years ago
    Reply to  Norman

    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

    5
    0
    Pavlov Bellwether
    Pavlov Bellwether
    3 years ago

    This was always the plan. Destroy the middle classes. FIGHT BACK BETTER: https://www.LCAHub.org/

    14
    -1
    gordo
    gordo
    3 years ago

    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.

    0
    0
    OnceIWasARemainer
    OnceIWasARemainer
    3 years ago

    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.

    13
    0
    Zoomer@14
    Zoomer@14
    3 years ago

    Good ole Amazon win again…global takeover…
    Use your local shops or you are instrumental in the downfall of local shopkeepers…

    5
    0
    tom171uk
    tom171uk
    3 years ago

    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?

    4
    0
    chris c
    chris c
    3 years ago
    Reply to  tom171uk

    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).

    0
    0

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