{"id":5482,"date":"2026-05-25T09:26:17","date_gmt":"2026-05-25T09:26:17","guid":{"rendered":"https:\/\/ventil.rs\/blog\/business\/shop-numbers-return-to-growth-after-years-of-decline-say-experts\/"},"modified":"2026-05-25T09:26:17","modified_gmt":"2026-05-25T09:26:17","slug":"shop-numbers-return-to-growth-after-years-of-decline-say-experts","status":"publish","type":"post","link":"https:\/\/ventil.rs\/blog\/business\/shop-numbers-return-to-growth-after-years-of-decline-say-experts\/","title":{"rendered":"Shop numbers return to growth after years of decline, say experts"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div id=\"main\">\n<div class=\"hydrate-root sc-1ihz57b-0\" data-component=\"Newsletter\" data-loading=\"lazy\" data-theme-name=\"independent\">\n<div data-theme-wrapper=\"independent\" style=\"display:contents\">\n<aside class=\"sc-y4bm30-0 jwWhkK newsletter-component sc-1ge0fwe-0\" data-newsletter-key=\"receiveBreakingNews\">\n<div class=\"sc-y4bm30-2 kcLSBk\"><\/div>\n<div class=\"sc-y4bm30-1 inRDZn\">\n<div class=\"sc-y4bm30-3\">\n<div class=\"sc-y4bm30-4 hfveGa\">\n<p><h3 class=\"sc-y4bm30-5 sc-y4bm30-6 fvoxRM cLEJmn\">For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails<\/h3>\n<h3 class=\"sc-y4bm30-5 sc-y4bm30-8 fvoxRM iTZFOX\">Sign up to our free breaking news emails<\/h3>\n<h3 class=\"sc-y4bm30-5 sc-y4bm30-7 fvoxRM iGYpOF\">Sign up to our free breaking news emails<\/h3>\n<\/p>\n<p><svg class=\"sc-eaj12q-0 hKcUSR sc-culv3z-0 eifaJK sc-1ix0cah-0 PYnPb sc-y4bm30-10 fUEDPX\"><use href=\"#600f53465147d717\"\/><\/svg><\/div>\n<div class=\"sc-y4bm30-2 kcLSBk sc-y4bm30-9 iQYNfz\"><img decoding=\"async\" src=\"https:\/\/static.independent.co.uk\/static-assets\/images\/newsletters\/breakingNews1_1.png\" loading=\"lazy\" alt=\"Breaking News\" class=\"sc-1mc30lb-0 ggpMaE\"\/><\/div>\n<\/div>\n<\/div>\n<\/aside>\n<\/div>\n<\/div>\n<p>UK high streets and shopping destinations are showing signs of recovery as more than 13 retail stores opened each week over the past year, according to new figures.<\/p>\n<p>However, <a href=\"https:\/\/www.independent.co.uk\/topic\/england\">England<\/a> and <a href=\"https:\/\/www.independent.co.uk\/topic\/wales\">Wales<\/a> have still seen more than 6,000 retail premises vanish from local communities over the past five years.<\/p>\n<p>Analysis of Valuation Office Agency data by tax firm Ryan, found that there were 507,810 retail premises across England and Wales at the end of 2025.<\/p>\n<p>It said the figures showed that a recent contraction across the sector has appeared to stabilise, with a 723 net increase in the number of retail stores compared with a year earlier.<\/p>\n<p>Property numbers increased across every region of England and Wales, with the exception of the <a href=\"https:\/\/www.independent.co.uk\/topic\/north-west\">North West<\/a>, which saw a decline of 41.<\/p>\n<p>It suggests that parts of the sector are now beginning to rebalance following significant structural contraction seen since the pandemic.<\/p>\n<p>The creation of new retail units also comes as many retail real estate firms, such as <a href=\"https:\/\/www.independent.co.uk\/topic\/hammerson\">Hammerson<\/a>, have turned empty large units, often former department stores, into a greater number of smaller units.<\/p>\n<p>Other retail groups, such as <a href=\"https:\/\/www.independent.co.uk\/topic\/john-lewis\">John Lewis<\/a>, have moved away from ambitions to transform some retail property for other uses such as rental accommodation.<\/p>\n<p>Nevertheless, the retail sector is still facing pressure from higher business rates for many firms, increased labour costs and concerns over consumer sentiment.<\/p>\n<p>The data also shows that there has also been significant decline over the past few years, with a net reduction of 6,045 retail properties since the end of 2020.<\/p>\n<p>London recorded the largest five-year regional reduction, with 1,266 retail premises disappearing over the period, followed by the South East (-1,191), North West (-719) and North East (-672).<\/p>\n<p>The figures show retail premises which have permanently disappeared from communities altogether, having either been demolished or converted for alternative use.<\/p>\n<p>The figures come as Ryan\u2019s 2026 annual business rates review highlighted that the retail sector saw a 9.3% increase in rateable values at the 2026 business rates revaluation despite the major shift in the retail landscape since the pandemic.<\/p>\n<div class=\"sc-awdjp1-2 cbpRGD sc-awdjp1-3 image\">\n<figure class=\"sc-1cbdeug-0 cXcwgU\">\n<div data-gallery-length=\"2\" class=\"sc-awdjp1-0 iFRYPG\"><img decoding=\"async\" src=\"https:\/\/static.independent.co.uk\/2026\/05\/25\/00\/565b3e74e059d4b78d22b60f1855f9b3Y29udGVudHNlYXJjaGFwaSwxNzc5NTQ3MzA2-2.22163691.jpg\" srcset=\"https:\/\/static.independent.co.uk\/2026\/05\/25\/00\/565b3e74e059d4b78d22b60f1855f9b3Y29udGVudHNlYXJjaGFwaSwxNzc5NTQ3MzA2-2.22163691.jpg?quality=75&amp;width=320&amp;auto=webp 320w, https:\/\/static.independent.co.uk\/2026\/05\/25\/00\/565b3e74e059d4b78d22b60f1855f9b3Y29udGVudHNlYXJjaGFwaSwxNzc5NTQ3MzA2-2.22163691.jpg?quality=75&amp;width=640&amp;auto=webp 640w\" loading=\"lazy\" alt=\"The retail sector is still facing pressure from higher business rates for many firms, increased labour costs and concerns over consumer sentiment (Louisa Collins-Marsh\/PA)\" class=\"sc-1mc30lb-0 ggpMaE inline-gallery-btn\"\/><\/div><figcaption class=\"sc-1cbdeug-1 sc-1cbdeug-3 YlsWU hgzWpY\">The retail sector is still facing pressure from higher business rates for many firms, increased labour costs and concerns over consumer sentiment (Louisa Collins-Marsh\/PA)<span class=\"sc-1cbdeug-7 gjqsiM\"> <!-- -->(<!-- -->PA Archive<!-- -->)<\/span><\/figcaption><\/figure>\n<\/div>\n<p>Alex Probyn, practice leader for Europe and Asia-Pacific property tax at Ryan, said: \u201cThe pandemic accelerated structural changes that were already emerging across the retail sector, including changing consumer behaviour, hybrid working patterns and a reduced reliance on traditional retail floorspace in many locations.<\/p>\n<p>\u201cMany locations were arguably over-retailed before Covid and high streets have evolved towards more mixed-use environments, with retail space being rebalanced alongside growing demand for residential, leisure, hospitality and service-led uses.<\/p>\n<p>\u201cThe revaluation outcome does suggest a large proportion of retail premises have seen bigger increases in their assessments than underlying market conditions and rental evidence would have led occupiers to expect.<\/p>\n<p>\u201cRetailers should therefore carefully review and, where appropriate, challenge their assessments.\u201d<\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.independent.co.uk\/news\/business\/wales-north-west-england-john-lewis-hammerson-b2982921.html\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails UK high streets and shopping destinations are showing signs of recovery as more than 13 retail stores opened each week&#8230;<\/p>\n<p class=\"more-link-wrap\"><a href=\"https:\/\/ventil.rs\/blog\/business\/shop-numbers-return-to-growth-after-years-of-decline-say-experts\/\" class=\"more-link\">Read More<span class=\"screen-reader-text\"> &ldquo;Shop numbers return to growth after years of decline, say experts&rdquo;<\/span> &raquo;<\/a><\/p>\n","protected":false},"author":1,"featured_media":5483,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/static.independent.co.uk\/2025\/02\/12\/02\/11130547-dd29aee3-822a-4532-8b87-47c41e8df7b4.jpg?width=1200&height=800&crop=1200:800","fifu_image_alt":"","footnotes":""},"categories":[3],"tags":[],"class_list":["post-5482","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v17.8 (Yoast SEO v22.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Shop numbers return to growth after years of decline, say experts - Breaking News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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