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UK DIY News

2021 Retail Job Losses Exceed 33,000

Closed shop Covid shutterstock_1691556811

The Centre for Retail Research (CRR) has published store closure and job loss data to the end of May 2021. 

Outcomes for 2021 (to end-May 2021)

Retailing 2021 (to end-May)

Administ-ration

CVAs

Rational-isation

Totals

specific redundancies & rationalisationNANA3,2363,236
multiples: stores closed1,108 1791,287
multiples: jobs lost`17,432 10,59428,026
self-employed/concessions in larger shops2,482 4352,917
independent store closures380 6801,060
independent job losses2,280 2,7205,000
Total Job losses22,194 NA11,02933,223
Total store closures1,488NA1791,667

* Correct to 31 May 2021, based on our current information. Data collection for Independent store closures and job losses is only partly completed (as at end-April).The information, above, represents data received so far. - Centre for retail Research

Total job losses stand at 33,223 and store closures at 1,667.  This compares with job losses of 31,228 and store closures of 1,632 for the year ended April 2021.  

Outcomes for 2020 (to 31 December). 

Retailing 2020 

Administ-ration

CVAs

Rational-isation

Totals

specific redundancies & rationalisationNANA14,75514,755
multiples: stores closed20415332,9755,549
multiples: jobs lost53,36411,49644,521109,381
self-employed/concessions in larger shops8,7154908,24017,445
independent store closures4,189-6,30710,496
independent job losses12,286-28,69740,983
Total Job losses74,36511,98696,213182,564
Total store closures6,2305339,28216,045

* Correct to 31 December 2020.

Source : Centre for Retail Research

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07 June 2021

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