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.
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