CHICKEN shops are proving so popular on the high street that they were one of only three store types, along with pet shops and gyms, to see more openings than closures in the last six months, according to new research.

Our insatiable appetite for online shopping also meant more clothes and fashion shops shut down than any other category, accountancy giant PwC and the Local Data Company found.

Fashion giants including the Arcadia Group, which owns Burton, Dorothy Perkins and Topshop, have closed multiple stores in the last year.

The new data uncovered that a net 1,234 chain stores across the country closed in the first half of 2019 – the highest net closure rate since PwC and LDC started records in 2010.

A total of 2,868 stores closed over the period, with 1,634 stores opening.

Bradford Telegraph and Argus:

During that time, several retailers sought to close stores or reduce rents through insolvency processes known as company voluntary agreements (CVAs), including Arcadia and Debenhams.

Other retailers, such as LK Bennett, Pretty Green and Coast, went bust.

But researchers uncovered that takeaways, and chicken shops in particular, have been opening in significant numbers, with independent businessmen and women keen to fill vacant high street space.

Kien Tan, a research director at PwC, said: “Even if big chains aren’t opening, local businesses are.

“Local entrepreneurs know their local market and know where the demand is. That’s why they are willing to take that risk.”

Bradford Telegraph and Argus:

Regionally, London was hardest hit, with the biggest number of net closures, with the East Midlands, North East, South East and Yorkshire and the Humber the only regions to see a fall in net closures compared with the final six months of 2018.

There were some signs of growth, with the number of units opening – 1,634 – beating the 1,569 in the first half of 2018, with the LDC suggesting this is a sign of cyclical change rather than long-term decline.

Lucy Stainton, head of retail at the LDC, said: “The reality is that UK retail space will continue to look very different over the coming years, and this is demonstrated by the sheer number of stores opening and closing on an ongoing basis.”

The biggest number of closures by category were fashion retailers, pubs and bars, restaurants, estate agents and charity shops, while the largest number of openings were fashion retailers, charity shops, convenience grocery stores and takeaways.