Last Thursday we hosted our 4th Leisure and Retail Openings and Closures Drinks Reception which was kindly hosted by Hogan Lovells in London.
In this video Matthew Hopkinson provides his summary from LDC's latest Retail and Leisure Openings & Closures Summit.
Matthew covers the following key points and more:
- In 2014 there has been a 3 fold increase in closures from chains in town centres
- Open rate of independents slowed down to only 1 a day compared to 4,5 or 6 a day in previous years
- In 2014 nearly 50,000 independent and multiples opened and closed
- Independent openings continued to remain marginally positive on the high street, and they have increased at a faster rate in retail parks
The information released in the recent Openings and Closures report is available to download. Click below to download your copy