Find in the news:
BY COUNTRY

Sharp inequality in UK’s shop vacancy rates



In spite of recent improvement in the British retail sector, North and South of Foggy Albion present sharp contrast regarding the shop vacancy rate.

Retail store closures have gone down to 13.9% setting a record low index since July, 2010 judging by the most recent input from the Local Data Company (LDC). The fall down of this size is a positive improvement after figures of 14.6% released in February 2012, resulting from growing economy and broad support for town centers, The Guardian says.

But “the black sheep in the family” syndrome has seized the north-east and north-west that are witnessing extreme rates of street shutdowns, belonging to the group of seven least attractive places for retail closure numbers. Eccles, Bootle, Stockton-on-Tees, Bolton, and Hartlepool comprise the list of the top underachievers. Having demonstrated significant boost in the small business sector the previous year, town of Morecambe holds the first slot among the areas with the highest rate of retail vacancies.

London comes as the best location for the new businesses to start and for old to stay in operation, leaving far behind the north-west that has seen the closures of the variety of retailers and service providers, including grocery shops, cafes and hair salons.

So, is it worth opening any business in Great Britain? Yes, if it is in one of those small towns with lucrative 9% in the shop vacancy category. On average, suburbs with fewer than 200 retail sites has better chances of performing more securely in regards to facing the risk of being shut down due to low sales numbers or other corresponding factors. Out of town places have showed 8.9% of vacancy rate but the situation is not promising since the closures are growing. 



More about shopping malls in the United Kingdom



YESTERDAY, Turkey:
New shopping mall, located in the north of Istanbul, celebrating its grand opening this month.
YESTERDAY, USA:
The reinvestment includes four new buildings on the southeastern edge of the center set to house 30 new stores and restaurants.
Jan 4, 2018, United Kingdom:
McLaren Construction has been appointed on the £90 million Phase II extension of Ashford Outlet.
Dec 20, 2017, USA:
The most popular U.S. websites with international consumers this holiday season.
Dec 19, 2017, USA:
New flagship store located at the corner of Hollywood and Highland in Los Angeles.
Dec 18, 2017, Russia:
For the retail industry, sticking to traditional retail model is the shortest way to obscurity.
Friend
and Follow
Westfield World Trade Center GLA:365 000 SF
ADDRESS: World Trade Center, Manhattan, NY 10007
Liberty Center GLA:828 821 SF
USA . Cincinnati
Liberty Center
Arkadia GLA:1 184 030 SF
ADDRESS: Aleja Jana Pawla II 82, 00-175
Poland . Warsaw
Arkadia
Hillcrest Mall GLA:585 758 SF
ADDRESS: 9350 Yonge St, Richmond Hill, ON L4C 5G2
Canada . Richmond
Hillcrest Mall


Edit text

Dear visitor!
If You wish to add appropriate information to this description, please make changes in the text below and they will take effect after being verified by Malls.com administrator.

SAVE CHANGES
ADD PHOTO

Dear visitor!
If you desire to add more photos to this description, please upload them and they will appear on the page after being verified by Malls.com administrator.

CHOOSE PHOTOS
SAVE CHANGES
Sign in Malls.com
Sign in please, if you already have an account

Registration



Error filling
Error filling
Error filling
Error filling
Thank you!
You will receive e-mail with registration data shortly. In email you'll find link, confirm your account by clicking on it, please.

Malls.com Team
Thank you for message!
In the near future you will be contacted the manager
for further details.

Malls.com Team
Good mall, bro!
In the near future you will be contacted the manager
for further details.

Malls.com Team
We are dissatisfied with you :-(
In the near future you will be contacted the manager
for further details.

Malls.com Team

Write to us