1 in 10 high-street stores are now empty in the UK, the highest vacancy rate since 2014 - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 51%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

1 in 10 high-street stores are now empty in the UK, the highest vacancy rate since 2014

Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.One in ten UK high street stores are vacant, new data suggests – the highest level since 2014, when 13 major retailers went into administration.Footfall has dropped during the pandemic, and e-commerce continues to threaten high street retailers. A third of all retail sales in May were online, according to the UK's national statistics authority.

The vacancy rate on high streets was 10.8% in July, the highest since January 2014, when 13 major UK high street retailers entered administration,The number of shoppers on UK high streets in August was 38.3% lower than the same time last year, Springboard data showed, and the continued rise of e-commerce is putting pressure on physical shops.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Inside McDonald's Black franchisees' quest for equality - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Media outlets lean either to the right or to the left in the US, but never has the US look so fragile and divided, why
Source: BusinessInsider - 🏆 729. / 51 Read more »

Amazon's invite-only grocery store revealed in exclusive photos - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Trader Joe’s competitor....look for this to lead Trader Joe’s to sell to Walmart in the coming years REMEMBER Trump lowered the corporate tax rate to 21%. Who is getting richer and who is not? The Middle Class pays the same tax rate as AMAZON. Positive vibes from Canada 🇨🇦 Immanuel Kant said: As regards the vegetables, every one concedes that his judgment, which he bases on a private feeling, and in which is restricted merely to himself personally.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Macy's is opening new, smaller stores away from America's malls - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

LEGO to open 74 new stores this year, as sales jump during pandemic - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Not just Roddddeddd Coloredsss are too (F---ed Up).... Now if we can only teach those LEGO_Group “adults” to write code... THE CHINESE AND RUSSIANS WOULDN’T HAVE A FVCKING CHANCE!!!!
Source: BusinessInsider - 🏆 729. / 51 Read more »

Ann Summers threatens landlords over rent dispute, may close stores - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Pickle84596097 something about shafted in this i'm sure. not sure what... can't be ars............................ Threats. Our way or no way.
Source: BusinessInsider - 🏆 729. / 51 Read more »

10 things you need to know before the opening bell - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »