Charity shops are fastest-growing on high street

25 Sep 2013 News

New research reveals that the type of business with the highest net increase on the nation’s high streets is the charity shop.

New research reveals that the type of business with the highest net increase on the nation’s high streets is the charity shop.

PricewaterhouseCoopers and the Local Data Company studied 500 town centres across the UK during the first six months of 2013. In that time, an overall 3,366 outlets closed compared to 3,157 openings, a net reduction of 209 shops.

But some types of shop were on the increase – led by charity shops, which recorded a net change of 97 additional units.

Other types of establishment that are increasing in numbers include cheque cashiers and betting shops, with net increases of 62 and 53 units respectively.

Overall, most types of high-street outlet were closing, with photographic (-132 net shops) and women’s clothing (-122) suffering the most. But the research does show that the rate of store closures has fallen slightly, from a decline of more than 20 a day in the first six months of 2012 to 18 per day this time around.

For the most comprehensive guide to the charity retail sector available, turn to the 2013 Charity Shops Survey. The survey is released next week and for the rest of this week is available at a discounted price via the link below.

 

shops2013-150px_150.gif

2013 Charity Shops Survey - pre order your copy and save £25.00

85 charities, over 6,500 shops, more than £762m income… but only one place with everything you need to know. Find out more...