UK DIY News
2022 Retail Job Losses Exceed 18,000
The Centre for Retail Research has published data pertaining to retail job losses and store closures to the end of May 2022.
The update follows the organisation's March 2022 update, covering the first two months of the year, and the 2021 summary, published in January 2022 and since updated, which revealed that 2021 retail job losses reached 105,727, with store closures of 11,459.
To the end of May 2022, a total of 1,101 stores have closed with job losses reaching 18,271.
All data tables are from the Centre for Retail Research.
Table 1 - Outcomes for 2022
Retailing 2022 (to end-May) | Administration | CVAs | Rationalisation | Totals |
| specific redundancies & rationalisation | NA | NA | 440 | 440 |
| multiples: stores closed | 34 | 770 | 804 | |
| multiples: jobs lost` | 742 | 14,154 | 14,896 | |
| self-employed/concessions in larger shops | 69 | 420 | 489 | |
| independent store closures | 132 | 165 | 297 | |
| independent job losses | 1,022 | 1,424 | 2,446 | |
| Total Job losses | 1,833 | 16,438 | 18,271 | |
| Total store closures | 166 | 935 | 1,101 |
* based on current information available to Centre for Retail Research
Table 2 - Outcomes for 2021 (updated March 2022)
Retailing 2021 (full year) | Administration | CVAs | Rationalisation | Totals |
| specific redundancies & rationalisation | NA | NA | 9,118 | 9,118 |
| multiples: stores closed | 1,251 | 324 | 942 | 2,517 |
| multiples: jobs lost | 24,179 | 2,851 | 40,843 | 67,873 |
| self-employed/concessions in larger shops | 3,873 | 107 | 3,982 | 7,962 |
| independent store closures | 3,760 | 5,041 | 8,801 | |
| independent job losses | 11,882 | 14,019 | 25,901 | |
| Total Job losses | 39,934 | 2,958 | 62,835 | 105,727 |
| Total store closures | 5,011 | 324 | 6,214 | 11,459 |
*based on current information available to Centre for Retail Research
Table 3 - Outcomes for 2020 (to 31 December).
Retailing 2020 | Administration | CVAs | Rationalisation | Totals |
| specific redundancies & rationalisation | NA | NA | 14,755 | 14,755 |
| multiples: stores closed | 2041 | 533 | 2,975 | 5,549 |
| multiples: jobs lost | 53,364 | 11,496 | 44,521 | 109,381 |
| self-employed/concessions in larger shops | 8,715 | 490 | 8,240 | 17,445 |
| independent store closures | 4,189 | - | 6,307 | 10,496 |
| independent job losses | 12,286 | - | 28,697 | 40,983 |
| Total Job losses | 74,365 | 11,986 | 96,213 | 182,564 |
| Total store closures | 6,230 | 533 | 9,282 | 16,045 |
* Correct to 31 December 2020.
Read the full analysis from the Centre for Retail Research.
Source : All data and tables from Centre for Retail Research
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