Exclusive research: The high streets most at risk
Local Data Company shows which locations will be worst hit by the closures of John Lewis, Debenhams and Arcadia Group stores.
Out of the eight locations, Aberdeen and York have had the highest number of high-profile store closures between March 2018 and March 2021, exclusive research compiled for Drapers by Local Data Company shows. Both cities witnessed 17 “high-profile” retail closures each during the two-year period. Of the 17, nine were clothing retailers or department stores, including Debenhams, Topshop, Oasis, Cath Kidston, Dorothy Perkins, Monsoon, Warehouse and TM Lewin (see other affected store locations below).
“The closures of John Lewis, coupled with the Debenhams and Arcadia closures, means there’s less critical mass of retailers in city centres, which means there’s less reasons to go shopping in city centres, and more reasons to shop locally,” the CEO of a high street multiple said.
Opinion: What next for city after John Lewis closure? Should Queensgate opening hours change? peterboroughtoday.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from peterboroughtoday.co.uk Daily Mail and Mail on Sunday newspapers.
The John Lewis store at Futura Park should reopen next month.
- Credit: CHARLOTTE BOND
Over the last week, Ipswich appears to have had a couple of pieces of good news about its emergence from the pandemic - but for anyone who thinks that we are unique in problems we are facing, it has been a real wake-up call.
The future of the John Lewis chain of department stores and at home retail warehouses across the country has been a subject of speculation for months - several closed last year, and last week there was a flurry of speculation that eight more were to shut.
Retail crisis shows need for Ipswich town centre rethink | East Anglian Daily Times eadt.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from eadt.co.uk Daily Mail and Mail on Sunday newspapers.