Out now: our H1 2022 analysis on the GB retail and leisure market
Date published: Date modified: 2023-08-16

The latest Local Data Company retail and leisure trends report, covering market activity over the first half of 2022, is out today.

Key findings include:

Fewer retail casualties lead to a record improvement in net change in units

Thanks to a marked decrease in store closures, net change in units across GB landed at the most positive figure since H1 2017, with a net decline of only -923 units. 

Vacancy rates continue to decline, Driven by the leisure sector

Vacancy rates continued their downward trajectory from 2020, with a decline of 0.4% over H1 2022. The leisure sector continues to see the greatest improvement, but the retail vacancy rate is beginning to catch up.

test press release 2 amend

Figure 1: Historical net change in units by classification type, H1 2014-H1 2022 (Source: The Local Data Company)

Hospitality remains resilient despite the end of business stimulus packages

Despite concerns over how reduced government support would affect the hospitality industry, it has proven resilient: the independent hospitality sector saw growth of 0.9% over H1 2022

Click here to download your copy of our H1 2022 report.


  • Data on openings and closures across GB

  • GB vacancy rates by location type and region

  • Redevelopment activity across the retail and leisure market

  • Insights on the reoccupation of ex-department store and Arcadia sites since the CVAs and administrations of 2020

  • The fastest-growing and declining retail and leisure subcategories of H1 2022

  • Insights and case studies from some of our clients and partners, including NatWest, Landsec and Sook

  • The most likely outlook for H2 based on our latest data, including the expected impact of the cost-of-living crisis and continuing redevelopment activity across the market

  • And more

As part of our commitment to supporting the GB retail and leisure sector, we are providing this report
free of charge. Click the button below to request a copy.


Click here to download your copy of our H1 2022 report.

Local Data Company

Local Data Company The Local Data Company 901 901

Local Data Company is the UK’s most accurate retail location insight company. We physically track every retail and leisure business across the entire country. Our data powers strategy and decision making for our clients working across retail, leisure, out-of-home media, investment, property and financial services.

Subscribe to our newsletter

For the latest insights, data and product news from across the Local Data Company group

Green Street, the parent company of LDC, is the preeminent and independent provider of actionable commercial real estate intelligence, covering the U.S. and Europe across nearly 20 property sectors including retail. Our comprehensive solutions include Research, Data & Analytics, News, and Advisory services.

Green Street UK is authorized and regulated by the Financial Conduct Authority (FRN 482269). Our global organization maintains information barriers to ensure the independence of and distinction between our non-regulated and regulated businesses.  Local Data Company is not a regulated Green Street business unit.

Copyright © 2024 The Local Data Company, 25 Maddox Street, London, W1S 2QN

Registered as a company in England & Wales 04821785 | VAT Registered No. 820601475