Data: Retail vacancies start to stabilise after year of record highs

Shop sign reading 'come in we're open'

After three years of consistently rising rates, which hit record highs in 2021, vacancies are in decline for the first time. Retail Week runs a rule over the numbers to gauge what state retail destinations are in as pandemic conditions recede

While the pandemic put a huge strain on physical retail destinations up and down the country, it also served to accelerate trends that were already playing out. 

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