UK DIY News
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 |
* Correct to 31 December 2020.
Read the full analysis from the Centre for Retail Research.
Source : Insight DIY Team; all data and tables from Centre for Retail Research
Insight provides a host of information I need on many of our company’s largest customers. I use this information regularly with my team, both at a local level as well as with our other international operations. It’s extremely useful when sharing market intelligence information with our corporate office.
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