Home / Knowledge / News / Apparel/Garments / UK independent retail store count down by 1554 in H1

UK independent retail store count down by 1554 in H1

Dec '18
UK independent retail store count down by 1554 in H1
A record number of independent retail stores in the UK were closed during the first half of 2018, as per a recent report. This resulted in a total decline of 1,554 shops (0.5 per cent), a significant decline from the increase of 762 shops (0.27 per cent) in H1 2017. The net loss of 695 units located on high streets alone was the main driver of this decline.

Chain retailers (brands with more than 4 stores) have also remained in decline with a net loss of 2,848 shops (1.36 per cent) in H1 2018 across GB, which compares to 659 shops (0.33 per cent) in H1 2017, according to data released by the British Independent Retailers Association (Bira) and the Local Data Company (LDC).

The data reveals that independents account for 65 per cent of all retail and leisure units in Great Britain, the same as H1 2017. In H1 2018 a total of 32,234 independents either opened (15,340) or closed (16,894), 14.8 per cent up on H1 2017 where 28,076 opened (14,419) or closed (13,657).

The West Midlands showed the greatest increase of independents at 117 units (0.49 per cent) in H1 2018, versus 194 units (0.93 per cent) in H1 2017. Yorkshire & the Humber and Greater London saw the greatest decline of independents at 494 units (1.64 per cent) and 276 units (0.40 per cent), respectively. Portobello Road in London has the accolade of having the highest percentage of independents at 95 per cent (based on locations with 50+ total units) overtaking Sparkhill in Birmingham (2nd) which was the top location in H1 2017, says the data.

Ellenbrook is the town with the lowest percentage of independents at only 19 per cent, against a GB average of 65 per cent (based on locations with 50+ units). Wider analysis of location types (analysis of location types by high streets, shopping centres and retail parks) shows that high streets saw a dramatic decline of 695 units in H1 2018. This represented a 0.41 per cent net decrease in units.

Shopping centres saw a similar pattern in H1 2018 with a decline of 1.55 per cent (versus 0.67 per cent in H1 2017), according to the data by Bira and LDC. Retail parks was the only location type to see growth in units of 1.48 per cent (versus 3.41 per cent in H1 2017) however this location type only accounts for 0.2 per cent of all independents across GB. (KD)

Fibre2Fashion News Desk – India

Must ReadView All

AfCFTA expected to come into force by mid-2019

Textiles | On 18th Feb 2019

AfCFTA expected to come into force by mid-2019

The African Continental Free Trade Area Agreement could be in force...

Courtesy: M&S

Apparel/Garments | On 18th Feb 2019

Marks & Spencer to open 6 stores in India in 60 days

British retailer Marks & Spencer (M&S) will open six stores in India...

Bengal calls for tripartite meet for jute sector impasse

Textiles | On 18th Feb 2019

Bengal calls for tripartite meet for jute sector impasse

The West Bengal government has urged jute mill owners and workers'...

Interviews View All

Top executives, Textile industry

Top executives
Textile industry

Knowledge sharing platform needed for sustainable water management

Subhashini Srinivasan, The S Studio

Subhashini Srinivasan
The S Studio

Ethnicwear market will see an upward trend if uniqueness and quality are...

Giovanni Pizzamiglio, Paolo Crespi & Riccardo Robustelli, Epson, For.Tex & F.lli Robustelli

Giovanni Pizzamiglio, Paolo Crespi & Riccardo Robustelli
Epson, For.Tex & F.lli Robustelli

‘The percentage share of printing in the global textile market is pretty...

Pietro Turrin,

Pietro Turrin

Industrie Tessili Bresciane (ITB) has served numerous industries and...

Sandip Bhojani, Manthan Patel,

Sandip Bhojani, Manthan Patel

Krypthm Tradelink LLP is a Surat-based manufacturer of westernwear....

Franco Ravazzi,

Franco Ravazzi

Italy-based Tessimenti E Orditi Tinti (T.O.T SRL) specialises in stocking...

Karl Zelik, Vanderbilt University

Karl Zelik
Vanderbilt University

A team of engineers at the Vanderbilt University has designed a smart...

Wolfgang Plasser, Lenzing AG

Wolfgang Plasser
Lenzing AG

The Lenzing Group is an international company headquartered in Austria...

Giorgio Mantovani, Corman S.p.A

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Prathyusha Garimella, Prathyusha Garimella

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Karan Arora, Karan Arora

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Hemant & Nandita, Hemant & Nandita

Hemant & Nandita
Hemant & Nandita

The designer duo of Hemant &amp; Nandita are known for being inspired by...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


Leave your Comments

February 2019

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category

Related Categories:

Advanced Search