COMMENT We need to go back to what made the UK high street special to revive its fortunes
The decline in closures from 2022’s 17,151 is “less bad rather than “good”
Yoga in empty shops and bars inside bakeries could be the answer
Government plans may leave high streets “gap toothed” and “unviable” as vacancy hits 13.9%
Retail space must be reinvented or “wither on the vine”, concludes Revo/LSH survey
High street footfall has risen by 17% as workers return to their desks
Most of the job losses are the result of rationalisations by major retailers
The high street is ‘by no means dead’, says chief executive
Government has not provided enough support, say 97% of retailers
But only by 0.1%, and there are still far more empty than before the pandemic
H1 saw a net increase of 804 independent stores, but a net loss of 5,251 chains
More than 8,700 chain stores have closed in the first half of 2021, higher than any previous year