×
299
Fashion Jobs
PEOPLE LINK
Immediate Opening of Sales Manager-Home Furnishing-Panipat
Permanent · Panipat
ROYAL TRANSPORT CORPORATION
Sales & Marketing Manager (Full Truck Load And Odc Project Transport)
Permanent · Nashik
MADHU JAYANTI INTERNATIONAL
Area Sales Manager
Permanent · Patna
DMART
Opening For The Post of Circle Head - Operations
Permanent · Bengaluru
PERSOLKELLY INDIA
Area Sales Manager- Corporate Sales-Faridabad- Relocation Company
Permanent · Faridabad
NR CONSULTING
Requirement- Sales Manager- Mumbai
Permanent · Mumbai
XWELL HUMAN RESOURCE
Area Sales Manager All Rajasthan Fmcg Company
Permanent · Ajmer
ALUDECOR LAMINATION
Area Sales Manager- Kanpur
Permanent · Unnao
H&M
Legal Counsel-Expansion
Permanent · NEW DELHI
DRONE HR SOLUTIONS
Production Manager - Tractor Parts Mfg (Urgently Required)
Permanent · Chandigarh
HENKEL ADHESIVE TECHNOLOGIES
Spec Customer Service Back Office IN
Permanent · NAVI MUMBAI
HENKEL ADHESIVE TECHNOLOGIES
Product Line Manager Packaging Imea
Permanent · NAVI MUMBAI
HENKEL CEO
Sap Fico Consultant
Permanent · BENGALURU
HENKEL CEO
Sap Production & Quality Management – Support Engineer - Gtc
Permanent · BENGALURU
HENKEL DX
Cloud Identity Consultant - Directory Services
Permanent · BENGALURU
HENKEL ADHESIVE TECHNOLOGIES
Supply Chain Analyst Imea
Permanent · NAVI MUMBAI
PUMA
Legal Counsel
Permanent · Bengaluru
HRD HOUSE
Area Sales Manager (1st Line)-Pharma - Cardio - Amritsar hq
Permanent · Amritsar
HRD HOUSE
Area Sales Manager (1st Line)-Pharma - Cardio - Amritsar hq
Permanent · Amritsar
POWER JOB CREATIONS
Area Sales Manager
Permanent · Mumbai
MAICO VENTILATION PVT LTD
Area Sales Manager - Hyderabad
Permanent · Hyderabad
EXTRAMARKS EDUCATION
Area Sales Manager - B2B Sales/School Sales
Permanent · Mangaluru
By
Reuters
Published
Aug 25, 2009
Reading time
2 minutes
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