Three hundred former Woolworths stores remain empty more than 18 months after the chain’s collapse.
The figure represents around 40% of the defunct chain’s estate at the time of its administration in January 2008.
Nearly a quarter of the former stores are now occupied by discounters and single-price retailers, according to figures from the Local Data Company. Iceland has picked up more of the sites than any other retailer, with 60, ahead of 99p Stores, B&M Bargains and Poundland.
“A significant number, for whatever reason, have not been reoccupied – some in centres that you would least expect, such as Cirencester,” said Matthew Hopkinson of the Local Data Company.
The company claimed 20% of the stores might never be occupied again,
B&M moves into Scotland in bid to be ‘new Woolworths’ (18 August 2010)
Pick’n’mix of growth plans for 99p Stores (12 June 2010)