Data: Shop vacancies ‘at highest rate ever recorded’ as uncertainty lingers
The overall store vacancy rate across the UK increased in the second quarter of 2021 despite the lifting of coronavirus restrictions as retailers continued to struggle with the ongoing uncertainty.
The rate of store vacancies rose to 14.5%, a slight increase from the 14.1% reported in Q1 and 2.1% higher than the same period in 2020.
Q2’s increase now marks more than three years of increasing store vacancy rates, a trend that began in Q1 2018, according to the BRC-LDC Vacancy Monitor.
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