11th
FEB

1 in 4 High Street shops lie empty

Posted by James | Filed under Uncategorized

Borders on Briggate in Leeds, West Yorkshire, ...
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New shopping habits – most notably online shopping – may to be blame for a decline on the Great British High Street.

A Local Data Company study of nearly 700 shopping locations across the UK revealed that almost 18000 retailers had shut up shop by the end of 2009.

Margate in Kent showed the highest proportion of vacant retail premises with 1 in 4 shop fronts being boarded up while retail operations in the North East and the Midlands also showed high levels of vacancies.

Whilst changing retail habits of shoppers had a huge impact on the high street, so do did the recession with several well known chains succumbing to the effects of the economic downturn, including First Quench – who owned the Threshers, Victoria Wines and Haddows brands – and book chain Borders..

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