Vacancies rise as 6,000 UK stores close in five years

Empty shop

The number of vacant stores rose in the second quarter of 2023 as 6,000 UK retail outlets closed over five years, according to figures from the BRC-LDC Vacancy Monitor.

The overall rate of store vacancies across the country increased to 13.9% in the second quarter of 2023, up 0.1% from the first quarter and the same period last year. 

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