UK DIY News

CRR Data Reveals 2023 Retail Job Losses And Store Closures

The Centre for Retail Research has published data pertaining to retail job losses and store closures so far this year.

The update follows the organisation's January 2023 update, which revealed that 2022 retail job losses reached 151,474, with store closures of 17,145.

All data tables are from the Centre for Retail Research.

Table 1 - Outcomes for 2023*

Retailing 2023 (to 20 Feb)	Administration	CVAs	Rationalisation	Totals
specific redundancies & rationalisation	NA	NA	5,188	5,188
multiples: stores closed	353		322	675
multiples: jobs lost	3,185		11,689	14,874
self-employed/concessions in larger shops	NK		NK	NK
independent store closures	NK		NK	NK
independent job losses	NK		NK	NK
Total Job losses	3,185		11,689	14,874
Total store closures	353		322	675

* based on our current information to 20 Feb 2023.

Table 2 - Outcomes for 2022

Retailing 2022 (12 months to end-December)	Administration	CVAs	Rationalisation	Totals
specific redundancies & rationalisation	NA	NA	13,240	13,240
multiples: stores closed	549		5,506	6,055
multiples: jobs lost	6,732		69,977	76,709
self-employed/concessions in larger shops	1,678		6,106	7,784
independent store closures	4,960		6,130	11,090
independent job losses	23,504		30,237	53,741
Total Job losses	31,914		119,560	151,474
Total store closures	5,509		11,636	17,145