NEWS

2013 retail administrations down 6% on 2012

Published on: 3rd January 2014

New research has shown the number of retailers that entered into administration in 2013 fell by 6% compared with 2012.walking-feet300

The study, carried out by Deloitte, reveals that 183 retailers entered administration in 2013, compared with 194 in 2012 and 183 in 2011. However, there was an increase of 11% in the last three months of the year compared to the previous fourth quarter.

In total, 1,629 businesses went into administration in 2013 compared with 1,833 last year, which was a fall of 11%.

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