Centre for Retail Research
This coverage examines the Centre for Retail Research’s (CRR) independent analysis of the UK retail sector. Reporting highlights CRR’s forecasts on store closures and job losses, including the projected 17,349 shop closures and over 200,000 job losses in 2025. It also covers CRR’s insights into online retail trends, consumer behaviour shifts, and the impact of economic policies on retail operations. These insights are tailored for retail executives, strategists, and professionals seeking data-driven perspectives on retail performance and structural change.
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Sep- 2020 -10 SeptemberHigh Street
125,500 retail jobs lost since start of 2020
Some 125,515 retail jobs have been lost since the start of 2020, according to the latest data from the Centre for Retail Research (CRR). Of this figure, 43,381 jobs were lost through administrations, 10,556 through CVAs and 71,578 through rationalisation schemes. The UK’s embattled high street has also seen the…
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Jul- 2020 -20 JulyCoronavirus
‘Hundreds’ of jobs to be axed at M&S
Marks and Spencer is expected to announce a raft of job cuts this week, becoming the latest high street casualty in the wake of Covid-19. According to Sky News, the retailer will unveil its widespread redundancy plan “within days”, with hundreds of jobs expected to be axed. It comes as…
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6 JulyHigh Street
Over 24,000 retail jobs lost in first half of 2020
Almost 24,348 jobs have been scrapped in the first six months of the year at large retailers which have fallen into administration, the Centre for Retail Research (CRR) has revealed. Retailers including Laura Ashley, Debenhams, Monsoon & Accessorize, Oasis & Warehouse, Cath Kidston, Quiz, Victoria’s Secret, Oakland Furniture, Go Outdoors,…
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Mar- 2020 -25 MarchCoronavirus
20,000 stores could close this year, says Centre of Retail Research
A total of 20,620 retail stores will have shuttered by the end of the year, according to the Centre of Retail Research. In the newly-released ‘Coronavirus: Lost Lives, Lost Stores and Lost Jobs’ report, it was revealed that 4,547 more businesses would have to close their doors in 2020 compared…
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9 MarchHigh Street
18,000 retail jobs lost in last two months
Almost 18,248 retail jobs have been lost in the past two months, with 1,211 shops also shuttered since the turn of the decade, according to the Centre for Retail Research (CRR). The research firm said retail premises in England are also set be “denied” a further £100m in tax reductions…
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Feb- 2020 -25 FebruaryComment
The changing face of retail in the age of digitisation
Retail: the 2020 snapshot It’s no secret that high street retail in Britain has been struggling for the past decade. Since the collapse of Woolworths in 2009, it has been clear that something, somewhere, has been going very wrong on the Great British high street. In fact, currently it is…
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Jan- 2020 -27 JanuaryHigh Street
10,000 retail jobs lost in 2020
Almost 10,000 retail jobs have been lost in 2020 amid a “torrid” start to the new year, according to the Centre for Retail Research. The research group revealed that 9,949 jobs have been lost in the first three weeks of 2020, amid store closures at Debenhams, GAME, HMV, Arcadia and…
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Jul- 2019 -1 JulyAdvice
Retail doesn’t need a level playing field, it needs nurtured players
Barely a day goes by without another news story about a high street name in trouble. There’s no doubt that the Great British High Street is undergoing a tumultuous period. But there’s still a lot of debate about what precisely underlying cause of these issues are. Much has been made…
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Jun- 2019 -17 JuneEconomy
20,000 shops gone from high street since 2010
Since 2010 more than 20,000 shops have “disappeared” from high streets and the communities that they once served, according to the real estate advisor, Altus Group. Analysis of official government data by Altus Group revealed that between 2010 and 2019, 20,143 shops in England and Wales – liable for business…
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May- 2019 -16 MayAnalysis
The state of the UK high street in 2019
We may only be in the first half of the 2019 but there has already been a continuation of 2018’s disastrous year for the UK high street. In recent weeks we’ve seen Debenhams slide into administration with other household names like fashion retailer Select and off-license group Oddbins both close…
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