Home > Uncategorized > Retail continues to fail

Retail continues to fail

Apologies for some gloomy news on such a fine day but the latest figures from the retail sector suggest that the failure rate is running at its highest level since the start of the downturn

Perhaps this is not too surprising but re-emphasises the difficulties the sector continues to face in terms of competition and also that businesses are more at risk of failure at the tail end of recession. 

 
Companies failing
Stores Affected
Employees Affected
2013 (to end June) 36 2,142 20,945
2012 (12 months)
54
3,951
48,142
2011 (12 months) 31 2,469 24,025
2010 (12 months)
26
944
10,930
2009 (12 months)
37
6,536
26,688
2008 (12 months)
54
5,793
74,539
2007 (12 months)
25
2,600
14,083
 
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