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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Apr- 2019 -12 AprilAdvice
Top four golden benefits of dropship
With the inexorable rise of e-commerce, consumers have become increasingly discerning and demanding. The key battle grounds for retailers have become focused around product choice, convenience and speed. Whilst almost all retailers recognise the urgency to improve their multichannel offerings, only a few are effectively delivering. Most retailers, in trying…
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Jan- 2019 -21 JanuaryEconomy
Retail job losses to increase by 27,000, analysis suggests
Online retailers are having a “profound effect” on the commercial property market as the value in retail property is set to fall by 15.9% this year, new research has predicted. Furthermore, job losses and store closures have been forecasted to increase by 26,918 and 3,764 respectively compared with 2018 across…
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Aug- 2018 -16 AugustAdvice
How the theory of evolution will be the difference-maker for retailers
An estimated 9,500 retail shops are due to close this year and according to The Centre for Retail Research, 20,000 store jobs are set to disappear by 2020 – on top of the 150,000 that have gone since 2016. And that’s just in the UK. Elsewhere in Europe, closures aren’t…
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Jul- 2018 -5 JulyEconomy
England/Colombia World Cup win scores UK a £1.3bn economy boost
England’s penalty shootout victory against Colombia has given the UK economy a £1.33bn boost according to new figures. The figures from the Centre for Retail Research (CRR) show that the UK will benefit from a £2.72bn boost if England make the final. It is thought that the majority of the…
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Jun- 2018 -8 JuneAdvice
Rebranding the high-street – the experience way
“Britain’s ‘doomed’ high street to see 100,000 shops close by 2022 unless action taken now” read one national media headline recently. Another article reported that the number of store openings on Britain’s high streets has fallen to a seven-year low, driven by the growth of online shopping and a shift…
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1 JuneHigh Street
Over 10,000 stores predicted to close in 2018, analysts say
A new report from the Centre for Retail Research (CRR) has predicted that 2018 will be the worst year on record for store closures, with more than 10,000 outlets disappearing from the high street. The ‘Retail At Bay 2018’ study also argues that the developing crisis in the retail sector…
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