×
254
Fashion Jobs
AJAY INDUSTRIAL CORPORATION (AICL)
Production Manager (hp Division)
Permanent · Ghaziabad
VRB CONSUMER PRODUCTS
Job Opening as Asst Manager Production - Keshwana
Permanent · Keshwana
POLYCAB INDIA LTD
Area Sales Manager
Permanent · Ludhiana
CEAT
am Production Tbr Stock (Halol- Gujarat)
Permanent · Halol
FIRST MERIDIAN BUSINESS SERVICES
Head Production Manager
Permanent · Gurugram
SHALIMAR INCENSE
Senior Area Sales Manager/Regional Sales Manager- South
Permanent · Bengaluru
FIRST MERIDIAN BUSINESS SERVICES
Production Manager (Female)
Permanent · Oragadam
POLICYBOSS
Area Sales Manager
Permanent · Chennai
RADON INDIA
Area Sales Manager - (Dealer Channel)
Permanent · Jaipur
PEOPLEFY INFOSOLUTIONS
Job Opening For Area Sales Manager Role in Mnc For Vijayawada
Permanent · Vijayawada
STANVAC CHEMICALS
Area Sales Manager
Permanent · Beawar
PERFECT PUBLISHING SOLUTIONS
Area Sale Manager-Denmark Mnc - Hearing Aid or Medical Device
Permanent · Kolhapur
SMART SOURCE
Buyer & Merchandiser With a Top Brand-Mumbai
Permanent · Mumbai
MURUGAPPA GROUP
Area Sales Manager - Commercial Vehicle
Permanent · Ahmedabad
CREATIVE SOLUTIONS
Mechanical Production Manager Sheet Metal Industry (1 - 6yrs)
Permanent · Chennai
H&M
Content Production Manager
Permanent · NEW DELHI
CAPITAL PLACEMENT SERVICES
Production Manager For Agrochemical Industry in Saykha,Gujarat
Permanent · Bharuch
ADITYA SAMRAJ NATURAL FOODS PVT. LTD.
Area Sales Manager / Regional Sales Manager
Permanent · Ambala
AIRTEL
Area Manager
Permanent · Kanchipuram
ADIDAS
Senior Tech Project Manager
Permanent · GURUGRAM
CORPORATE MANPOWER
Requirement - Operations Manager
Permanent · Kolkata
DR LAL PATHLABS
Area Sales Manager - Vijayawada
Permanent · Vijayawada
By
Reuters
Published
Aug 25, 2009
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

High street vacancies rise to 12.6%

By
Reuters
Published
Aug 25, 2009

LONDON (Reuters) - More than one-in-ten shops on an average high street in Britain are now standing vacant, as the recession continues to force struggling retailers out of business, a report showed Monday 24 August.



On main retail thoroughfares in the UK's towns and cities, also known as "high streets," an average of 12.6 percent of shops are now vacant or available to lease as at August 1, property agency Cushman & Wakefield said.

This is up from 12.2 percent in May, and 11.4 percent in February, Cushman said. "The average availability of shops across the UK has risen by only 0.4 percent, indicating that we may be at or approaching a peak in vacancies," Cushman Head of Retail Services John Strachan said, adding he expected the situation to improve from next year when the economy recovers.

The worst hit high streets have been in outer London, the South West and Wales, where vacancies rose to 17.7 percent, while the South East and Central London fared the best, with vacancies falling to 7.6 and 8.9 percent respectively, it said.

Of the total shops vacant, 3.3 percent are due to retailers that have gone into administration, a figure that has held steady since May, Cushman said.

"This figure has remained the same since our previous survey in May and is further evidence that we have probably now seen most of the major high street administrations," Strachan said.

Creditors in British home improvements retailer Focus DIY on Monday 24 August backed a rescue plan Monday 24 August that should safeguard around 4,500 jobs, as the company said trading was ahead of its expectations.

(Reporting by Daryl Loo; Editing by Jon Loades-Carter)

© Thomson Reuters 2023 All rights reserved.

Tags :
Retail