Current AffairsRetailers

Number of independent retailers rises

Data released by LDC and British Independent Retailers Association (bira) has shown that traditional independent retailers opened more shops than were closed in 2016 in Britain’s top 500 town centres. National chains continued to see a fall.

Independent shops saw an increase of +159 shops (+0.15 percent) in 2016. This equates to a +36 percent increase from 2015, where +117 shops were added across Great Britain.

Glastonbury was found to have the highest percentage of independents at 85.6 percent (based on locations in the top 500 town centres).

Overall, the East Midlands showed the greatest increase of independents at +87 units (+1.19 percent) in 2016, versus +17 units (+0.23 percent) in 2015.

The chain retailers have remained in decline with a net loss of -896 shops in 2016 across the top 500 town centres, which compares to -498 shops in 2015.

 

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