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, Slovenia:
The volume of investments in the construction of the shopping and entertainment center was about 150 million euros.
DAY BEFORE YESTERDAY, India:
H&M's collaboration with a famous Indian designer is an indicator of the company's interest in this rapidly growing market.
Jan 21, 2020, United Kingdom:
The fashion chain marks the growth of sales and intends to consolidate the results with the opening of 18 new outlets.
Jan 17, 2020, France:
The retail space was created in collaboration with Galeries Lafayette department store.
Jan 17, 2020, USA:
Gap has changed its mind about making Old Navy a separate company.
Jan 16, 2020, Austria:
The company stated that buyers without cars are gradually becoming a new mega-trend.
Friend
and Follow
Jardim Pamplona GLA:118 403 SF
ADDRESS: R. Pamplona, 1704 - Jardins São Paulo
Brazil . Sao Paulo
Jardim Pamplona
212 Istanbul Power Outlet GLA:753 474 SF
ADDRESS: Mahmutbey Merkez Mah. Taşocağı Cad. No:5 Bağcılar  /  İstanbul
Turkey . Istanbul
212 Istanbul Power Outlet
Designer Outlet Provence GLA:269 098 SF
ADDRESS: Mas de la Peronne, Miramas, France
France . Miramas
Designer Outlet Provence
Cabot Circus GLA:990 280 SF
ADDRESS: Glass House, Bristol BS1 3BX
United Kingdom . Bristol
Cabot Circus


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