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Independent retailers warn of ‘mounting pressure’ as half consider closure

Summary by Retail Sector
More than half of the UK’s independent retailers have considered closing their business, according to a new survey from Spring and Autumn Fair and Save The High Street.org. Some 63.4% of respondents cited reduced customer spending and footfall as their greatest challenge, followed by competition from online platforms (57.4%) and increasing employment costs (39%). Rent rises (21.1%), business rates (14.7%) and limited high street regeneration fun…
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Retail Sector broke the news in on Tuesday, July 22, 2025.
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