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CRR Data Shows Retail Job Losses Continue

The Centre for Retail Research has published data pertaining to retail job losses and store closures for the first two months of 2022.

The update follows the organisation's 2021 summary, published in January, which revealed that 2021 retail job losses reached 89,324, with store closures of 11,047.

All data tables are from the Centre for Retail Research.

Table 1 - Outcomes for 2022

Retailing 2022 (to February)	Administration	CVAs	Rationalisation	Totals
specific redundancies & rationalisation	NA	NA	0	0
multiples: stores closed	0		76	76
multiples: jobs lost`	0		5,840	5,840
self-employed/concessions in larger shops	69		235	304
independent store closures	43		78	121
independent job losses	409		343	752
Total Job losses	43		154	197
Total store closures	478		6,418	6,896

* based on current information available to Centre for Retail Research

Table 2 - Outcomes for 2021

Retailing 2021 (full year)	Administration	CVAs	Rationalisation	Totals
specific redundancies & rationalisation	NA	NA	9,118	9,118
multiples: stores closed	1,172	132	942	2,441
multiples: jobs lost`	18,453	1,154	40,843	60,450
self-employed/concessions in larger shops	3,873	19	3,982	7,874
independent store closures	3,760		5,041	8,801
independent job losses	11,882		14,019	25,901
Total Job losses	34,208	1,173	53,943	89,324
Total store closures	4,932	132	5,983	11,047

*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