LDC's latest report on H1 2021 is out now!
Date published: Date modified: 2021-09-16

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.

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SHOPPING CENTRES ARE STILL UNDER THE MOST PRESSURE OF ANY LOCATION TYPE

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.

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a NEW FASTEST-GROWING SUBCATEGORY FOR THE FIRST TIME IN SEVERAL YEARS

Fast food takeaway leapt past Barbers with a net gain of 333 units in H1 2021.

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THE REPORT INCLUDES:

  • 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.

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Sarah Phillips, LDC Senior Manager- Marketing & PR
Author

Sarah Phillips, LDC Senior Manager- Marketing & PR The Local Data Company 901 901

Sarah joined the team in 2016 and is responsible for the management of all marketing channels for the Local Data Company. Having always worked in B2B, she brings with her varied experience in online and offline marketing including content marketing, events and digital. In her spare time Sarah enjoys theatre and comedy and can be seen jogging around the small Oxfordshire town she calls home.

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