Local Data Company

One in ten chain shops in Scotland are still closed six months after the lockdown which was in force in the first half of 2021, with 99 closing permanently, according to new research by PwC and the Local Data Company.

Scottish shop vacancies have risen by a quarter since the second quarter of 2020, according to the latest Scottish Retail Consortium (SRC)-Local Data Company (LDC) Vacancy Monitor. In the second quarter of 2021, the Scottish vacancy rate increased to 16.1%, from 15.3% in Q1. It was 3.2 percenta

Scottish shop vacancies have reached a six year high, according to the latest figures released by the Scottish Retail Consortium (SRC) and the Local Data Company (LDC).

More than 1,200 chain stores closed in Scotland in 2020 with just 612 openings, continuing a trend that has developed across high streets in recent years, leading to 14% fewer stores compared to 2016 as shoppers migrate to online shopping.