The last six years in retail…
16 Jun 2016

The last six years in retail…

According to market analysis by the Centre for Retail Research, there have been 26 major retail failures in the period since the recession, incorporating 11,220 stores and 138,134 employees. The retail businesses vary widely, from Blacks Leisure in 2008, to Brantano and BHS in 2016, with the biggest failure being Woolworths, which affected 820 stores and 30,000 staff.

The CRR has published the following 2007-2016 review table:

2007-2016 Review

 

Companies failing

Stores Affected

Employees Affected

2016 (to April)

14

989

20,245

2015 (12 months)

25

728

6,845

2014 (12 months)

43

1,314

12,335

2013 (12 months)

49

2,500

25,140

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

 

A full list of failures and their details can be found on the CRR website here.