Latest BRC-LDC vacancy monitor data
Christmas footfall highest since pandemic as strikes spur shoppers to high street
The number of shoppers visiting high streets and malls rose in 2022, but retail park numbers decreased, the latest figures suggest.
The BRC - Local Data Company Vacancy Monitor is a quarterly monitor that tracks the vacancy rate changes to the UK retail landscapes (retail park, high street, shopping centre) as they evolve since Q1 2019.
The number of shoppers visiting high streets and malls rose in 2022, but retail park numbers decreased, the latest figures suggest.
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As a fuller picture of Christmas trading begins to take shape, it is emerging that retailers with stores fared better. Is bricks-and-mortar back for good, or will a new year bring new headaches?
The number of shoppers visiting high streets and malls rose in 2022, but retail park numbers decreased, the latest figures suggest.
UK retailers are braced for a subdued run-up to Christmas as the combined cold weather and rail strikes saw footfall to retail destinations drop last week.
The rate of store vacancies improved in the third quarter across all retail locations, but physical retail’s recovery is in danger of being held back by an £800m increase in business rates costs.