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

TODAY, China:
One of the largest companies in the Asian real estate market, CapitaLand Retail opens all its shopping centers in China.
TODAY, Sweden:
Swedish fashion retailer H&M, the second-largest player in the world market, has announced plans to buy back all products from suppliers.
Apr 3, 2020, Russia:
IKEA introduced a gallery of backgrounds for video calls that are becoming increasingly popular when working from home.
Apr 3, 2020, Germany:
Faced with an extremely adverse reaction, Adidas apologized and said it would still pay rent for April.
Apr 2, 2020, USA:
The WeWork network of coworkers has started offering tenants to halve their rents, provided they sign a lease agreement for several months.
Mar 31, 2020, France:
The brand will refocus some of its production capacity on producing masks and other protective equipment to join the global fight against the pandemic.
Friend
and Follow
Dania Pointe GLA:975 000 SF
ADDRESS: 292-344 North Bryan Road, Dania Beach, FL 33004
USA . Fort Lauderdale
Dania Pointe
Viaport Outlet GLA:748 092 SF
ADDRESS: Yenisehir Mah. Dedepasa Cad. No:19 Via Port - Pendik
Turkey . Istanbul
Viaport Outlet
Forum Istanbul GLA:1 883 684 SF
ADDRESS: Kocatepe Mahallesi, Pasa Caddesi 34045 Bayrampasa
Turkey . Istanbul
Forum Istanbul
Shopping City Süd GLA:1 862 156 SF
ADDRESS: Europaring 2334 Vösendorf
Austria . Vienna
Shopping City Süd


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