Nearly seven thousand department closed in Great Britain
According to Local Data Research (LDC) from the elapsed part of 2009 about 12 thousand independent retail shops and 7 thousand departments of large department stores have closed.
A year ago, 4 percent of the retail shops were empty, this ratio has increased to almost 12 percent.
The situation is the worst in Kent, where the ratio of the closed shops is 25 percent, but even in cities like Leeds and Liverpool, the rate of the shops closed down exceeds 20 percent.
In the centre of London 12.8 percent of the shops are empty. The situation worsened significantly with the bankruptcy of Woolworths – about 70 percent of 800 businesses remains unused – reports Világgazdaság Online after the article of BBC.
Related news
Related news
Retail traffic and residential consumption may slowly recover
The development of retail sales and the recovery of household…
Read more >We are over 2 million returned bottles, but there are still problems
Since the beginning of the year, metal, plastic and glass…
Read more >In Austria, inflation slowed down in June
In accordance with the preliminary estimate, the annual growth of…
Read more >