London Daily

Focus on the big picture.
Wednesday, May 13, 2026

Almost 50 shops a day disappear from High Streets

Almost 50 shops a day disappear from High Streets

More than 8,700 chain stores closed in British High Streets, shopping centres and retail parks in the first six months of this year, research suggests.

That is an average of nearly 50 outlets a day as the impact of the pandemic and changing shopping habits continue to hit many towns and city centres.

But despite some high-profile retail failures, the number of closures has fallen compared with a year earlier.

City centres have suffered the worst, while retail parks are faring better.

The store closure figures were collected by the Local Data Company on behalf of accountancy firm PwC.

"After an acceleration in store closures last year couple with last minute Christmas tier restrictions and lockdowns extending into 2021, we might have expected a higher number of store closures this year," says Lisa Hooker, consumer markets lead at PwC.

She believes continued government support combined with resilient consumer spending has helped many operators weather the storm and survive the pandemic.

The Local Data Company tracked more than 200,000 stores operated by businesses with more five outlets across Great Britain. These include everything from retail and restaurants, to cafes, banks and gyms.

As the chart below shows, although 3,488 stores opened in the first six months of 2021 the closures were far greater. A total of 8,739 shops shut creating a net decline of 5,251 outlets - a huge number, but 750 less than this time last year.


Fashion retailers recorded the biggest decline reflecting the collapse of Sir Philip Green's retail empire which saw his brands, including TopShop and Dorothy Perkins, disappear from the High Street.

More than 120 department stores also shut for good.

There was also a decline in car showrooms, betting shops and banks, providing yet more evidence of changing shopping behaviour and the shift to online.

Data also shows that store openings were at their lowest level for six years. Leisure dominated the growth with takeaway chains leading the way.


And it is city centres that are still suffering the most, declining faster than suburban areas which are being supported by people working from home.

London, for instance, has gone from being the best performing region in 2016 to the worst for two years running.

Retail parks have fared best of all. Many are anchored by supermarkets, DIY and furniture retailers which have all done well during the pandemic.

Footfall at these sites is almost back to pre-pandemic levels, showing how shoppers seem happier to drive to bigger shops than visit High Streets and shopping centres in towns.


However, there is still an appetite for new space on the High Street.

Gail's Bakery has just opened a new outlet in Kew, a suburb in south west London, in what was once a branch of Barclays bank. The chain has opened four bakeries during the pandemic, seizing the opportunity to take advantage of cheaper rents and a change in consumer behaviour.

Gail's co-founder and chief executive Tom Molnar

"I definitely think people are eating better food more often and more often at home and I think that's a great trend for us," says co-founder and chief executive, Tom Molnar. "Instead of using Gail's as a treat, they're using it more as a staple,

"When rents go down, more creative-based businesses can survive... I do have some confidence that new ideas will come in [to the High Street]," he says.

'Green shoots'


So is the worst now over from the turmoil of the last few years?

These latest closures follows the loss of more than 17,500 chain outlets last year.

"There are promising signs that the speed of the decline we were tracking across the worst of the pandemic is slowing," says Lucy Stainton, head of retail and strategic partnerships at the Local Data Company.

"That being said, the compound impact of multiple lockdowns can't be ignored and whilst a slowdown in store closures is certainly welcome, the volume of empty units across Great Britain is at a record high with no sign that the demand will ever be there to meet the supply."

The next six months will be make or break for many chains, according to PwC's Lisa Hooker.

"Operators are far from out of the woods... particularly with the reinstatement of full business rates for all but the smallest operators, the winding-down of furlough support and agreement yet to be reached between many operators and landlords on rent arrears, " she says.

"But the good news is that there are some green shoots of optimism. Consumers still want a shopping experience and a number of chain stores and restaurants are opening."

Newsletter

Related Articles

0:00
0:00
Close
The Great Western Exit: Why Best Citizens Are Fleeing the Rich World [PODCAST]
The New Robber Barons of Intelligence: Are AI Bosses More Powerful Than Rockefeller?
The End of the Old Order [Podcast]
Britain’s Democracy Is Now a Costume
The AI Gold Rush Is Coming for America’s Last Open Spaces [Podcast]
The Pentagon’s AI Squeeze: Eight Tech Giants Get In, Anthropic Gets Shut Out [Podcast]
The War Map: Professor Jiang’s Dark Theory of Iran, Trump, China, Russia, Israel, and the Coming Global Shock [Podcast]
Labour Is No Longer a National Party [Podcast]
AI Isn’t Stealing Your Job. It’s Dismantling It Piece by Piece.
Lawyers vs Engineers: Why China Builds While America Litigates [Podcast]
Churchill’s Glass: The Drunk, the Doctor, and the Myth Britain Refuses to Sober Up From
Apple issues an unusual warning: this is how your iPhone can be hacked without you doing anything
Kennedy’s Quiet War on Antidepressants Sparks Alarm Across America’s Medical Establishment
The Met Gala Meets the Age of Billionaire Backlash
Russian Oligarch’s Superyacht Crosses Hormuz via Iran-Controlled Route
Gunfire Disrupts White House Correspondents’ Dinner as Trump Is Evacuated
A Leak, a King, and a Fracturing Alliance
Inside the Gates Foundation Turmoil: Layoffs, Scrutiny, and the Cost of Reputational Risk
UK Biobank Breach Exposes Health Data of 500,000, Listed for Sale on Chinese Platform
KPMG Cuts Around 10% of US Audit Partners After Failed Exit Push
French Police Probe Suspected Weather-Data Tampering After Unusual Polymarket Bets on Paris Temperatures
CATL Unveils Revolutionary EV Battery Tech: 1000 km Range and 7-Minute Charging Ahead of Beijing Auto Show
Crypto Scammers Capitalize on Maritime Chaos Near the Strait of Hormuz: A Rising Threat to Shipping Companies
Changi Airport: How Singapore Engineered the World’s Most Efficient Travel Experience
Power Dynamics: Apple’s Leadership Shakeup, Geopolitical Risks in the Strait of Hormuz, and Europe's Energy Strategy Amidst Global Challenges
Apple's Leadership Transition: Can New CEO John Ternus Navigate AI Challenges and Geopolitical Pressures?
Italy’s €100K Tax Gambit: Europe’s Soft Power Tax Haven
News Roundup
Microsoft lost 2.5 millions users (French government) to Linux
Privacy Problems in Microsoft Windows OS
News roundup
Péter András Magyar and the Strategic Reset of Hungary
Hungary After the Landslide — A Strategic Reset in Europe
Meghan Markle Plans Exclusive Women-Focused Retreat During Australia Visit
Starmer and Trump Hold Strategic Talks on Securing Strait of Hormuz Amid Rising Tensions
Unofficial Australia Visit by Prince Harry and Meghan Expected to Stir Tensions with Royal Circles
Pipeline Attack Cuts Significant Share of Saudi Arabia’s Oil Export Capacity
UK Stocks Rise on Ceasefire Momentum and Renewed Focus on Diplomacy
UK to Hold Further Strategic Talks on Strait of Hormuz Security
Starmer Voices Frustration as Global Tensions Drive Up UK Energy Costs
UK Students Voice Concern Over Proposal for Automatic Military Draft Registration
Rising Volatility Drives Uncertainty in UK Fuel and Petrol Prices
UK Moves to Deploy ‘Skyhammer’ Anti-Drone System to Strengthen Airspace Defense
New Analysis Explores UK Budget Mechanics in ‘Behind the Blue’ Feature
Man Arrested After Four Die in Channel Crossing Tragedy
UK Tightens Immigration Framework with New Sponsor Rules and Fee Increases
UK Foreign Secretary Highlights Impact of Intensified Strikes in Lebanon
UK Urges Inclusion of Lebanon in US-Iran Ceasefire Framework
UK Stocks Ease as Ceasefire Doubts in Middle East Weigh on Investor Confidence
UK Reassesses Cloud Strategy Amid Criticism Over Limited Support Measures
×