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CRR Data Shows 2023 Retail Job Losses And Store Closures To Date

Ceri Breeze store closing down everything must go iStock-1351444927

The Centre for Retail Research has published data pertaining to retail job losses and store closures for the 1st January to 30th June 2023.

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

According to the data, 2,302 stores have closed and 32,726 retail jobs have been lost so far this year.

All data tables are from the Centre for Retail Research.

Table 1 - Outcomes for 2023*

Retailing 2023 (to end June)

Administration

CVAs

Rationalisation

Totals

specific redundancies & rationalisationNANA7,3787,378
multiples: stores closed371 8971,268
multiples: jobs lost4,238 15,57219,810
self-employed/concessions in larger shops260 629889
independent store closures351 6831,034
independent job losses1,439 3,2104,649
Total Job Losses5,937 26,78932,726
Total Store Closures722 1,5802,302

* based on our current information to 2nd July 2023.

Table 2 - Outcomes for 2022*

Retailing 2022 (12 months to end-December)

Administration

CVAs

Rationalisation

Totals

specific redundancies & rationalisationNANA13,24013,240
multiples: stores closed549 5,5066,055
multiples: jobs lost6,732 69,97776,709
self-employed/concessions in larger shops1,678 6,1067,784
independent store closures4,960 6,13011,090
independent job losses23,504 30,23753,741
Total Job losses31,914 119,560151,474
Total store closures5,509 11,63617,145

* based on our current information, updated 2 Jan 2023.

Table 3 - Outcomes for 2021  

Retailing 2021 (full year)

Administration

CVAs

Rationalisation

Totals

specific redundancies & rationalisationNANA9,1189,118
multiples: stores closed1,2513249422,517
multiples: jobs lost24,1792,85140,84367,873
self-employed/concessions in larger shops3,8731073,9827,962
independent store closures3,760 5,0418,801
independent job losses11,882 14,01925,901
Total Job losses39,934 2,95862,835105,727
Total store closures5,0113246,12411,459

* based on our current information.

Table 4 - Outcomes for 2020 (to 31 December). 

Retailing 2020 

Administration

CVAs

Rationalisation

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.

Table 5 - Outcomes for 2019 (12 months)

Retailing 2019

Administration

CVAs

Rationalisation

Totals

specific redundancies & rationalisation

NA

NA

9,593

9,593

multiples: stores closed

684

313

4,404

5,901

multiples: jobs lost9,06024,04243,16472,266
self-employed/concessions in larger shops5,8732,4205,99114,284
independent store closures5,720-4,45210,172
independent job losses23,171-19,81642,985
Total Job losses38,10326,46278,563143,128
Total store closures6,4043139,35616,073

Table 6 - Outcomes for 2018 (12 months)

Retailing 2018

Administration

CVAs

Rationalisation

Totals

specific redundancies & rationalisation

NA

NA

19,112

19,112

multiples: stores closed

1,631

272

1,400

3,303

multiples: jobs lost (store closure)

22,671

3,900

11,862

38,433

self-employed/concessions in larger shops

1,300

2,200

1,350

4,850

independent closures

9,820

 

1,460

11,280

independent job losses

48,314

 

6,716

55,030

Total job losses

72,285

6,100

39,040

117,425

Total store closures

11,451

272

2,860

14,583

Source : All tables and data from Centre for Retail Research

Image : Ceri Breeze / istockphoto.com (1351444927)

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05 July 2023

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Thank you for the excellent presentation that you gave at Woodbury Park on Thursday morning. It was very interesting and thought-provoking for our Retail members. The feedback has been excellent.

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Martin Elliott. Chief Executive - Home Hardware.
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