Retail Accounting

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Pop ups and convenience retailers helping high street recovery

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Pop up shops

According to data from the Local Data Company, the high street is finally starting to show signs of recovery. In 2012 and 2013 we saw the closure of many independent retailers but vacant shops on the high street are starting to become a thing of the past. In fact, shop vacancy rates decreased to 13.6% from 14.1% a year ago. This change is largely due to pop up shops and convenience retailers occupying the empty space. This is great news for the high street but how will these new stores fair as the omni channel environment grows?

For the full article see:  http://www.retailgazette.co.uk/articles/31404-shop-vacancy-rate-falls-05-in-february-as-convenience-stores-and-popup-shops-help-fill-empty-premises

Author: retailaccounting

CounterBooks is an online retail accounting management suite which is used by retailers across the world.

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