LDC's latest bi-annual report is out today and provides an update on the impact of market activity across the first six months of this year.
Key findings from this report include:
INDEPENDENTS CONTINUE TO BE MORE RESILIENT THAN MULTIPLES
Independents saw a surprising growth of 804 units across the market in H1 2021, their first rise since H1 2017.
Vacancy rates for shopping centres rose by 3.8% when compared to H1 2020. High streets and retail parks both fared better, with increases of 2.7% and 2.0% respectively.
Fast food takeaway leapt past Barbers with a net gain of 333 units in H1 2021.
Data on openings and closures across GB, and the impact of lockdown restrictions on this data
How quickly retail and leisure occupiers reopened following lockdown 3 compared to lockdown 1
The impact of the migration of spend to online channels on physical retail
Net change in units by location type across GB, including regional trends
GB vacancy rates by location type and region
Changes in redevelopment activity
Market development trends across the four top-level retail classifications (leisure, service, comparison goods and convenience)
The top 10 fastest-growing retail subcategories
The top 10 declining subcategories
The difference in net change in units between multiples and independents
The impact of the third lockdown on closures
Expanding brands and new concepts entering the market
Reoccupation of ex-Arcadia and Debenhams stores
The most likely outlook for the next 18 months based on our latest data, including the possible influence of factors including COVID-19 infection rate, changes in government support and the return of workers to the office
As part of our commitment to supporting the GB retail and leisure sector, we are providing this report free of charge.
Click here to download your copy.