As Tobacco and Vapes Bill makes its way into parliament with promises of a healthier smokefree UK, convenience retailers across the country are anxious, fearing an impending storm of challenges on the horizon, finds Asian Trader.
Ignoring the outcry from small business owners and consumer freedom advocates alike, Labour introduced the Tobacco and Vapes Bill in the parliament on Nov 5.
Reviving the bill from previous Conservative government, Labour has made the legislation even more stifling with a couple of additional measures, such as looking into extending smoke-free places and introducing a licensing scheme for tobacco and vape retailers.
The core of the bill is a ban on selling "tobacco products, herbal smoking products, and cigarette papers to anyone born on or after January 1, 2009”.
Notably, the focus is on selling here, thereby placing the entire burden of enforcement on retailers with no repercussions on the “under-age adult” asking or rather coercing for a cig.
Touted as a world-leading idea, the bill's intentions are noble, but in practice, it is expected to impose severe operational challenges for store owners.
Like in 2040, it will be still legal to sell cigarettes to 32-year-olds but a retailer will face a criminal offence for selling the same to 30-year-olds, probably facing the customer wrath too on being denied the sale.
According to the proposals, after Jan 1, 2027, each cigarette or tobacco product sale will come with the mandatory checking of a government-approved ID (namely passport, UK driving licence, a driving licence issued by any of the Channel Islands or the Isle of Man, European Union photo card driving licence, or an identity card issued by the Proof of Age Standards Scheme and bearing its hologram) to make sure the buyer is “born after 2009”.
Asian Trader reached out to some of the leading convenience retailers across the UK, and the air was thick with frustration and despair, majorly over the fact that the government is pressing ahead with the bill, ignoring their pleas.
Highlighting the bill’s daunting implications, retailer Neil Godhania, who owns and runs Neil’s Premier in Peterborough, heavily criticised the move, saying that such a law, if it comes into effect, will put a multi-level burden on retailers.
He said, “The ban requires that stores verify each customer’s birth year to ensure they’re not part of the restricted generation, adding an extra layer of complexity to existing age verification.”
This increased scrutiny will demand rigorous staff training, higher operational costs, and a heightened risk of penalties—all of which erode the quality of customer service and increase stress on staff, he explained.
Not only are these restrictions impractical, but they also risk exacerbating an already tense retail environment.
According to ACS 2024 Crime Report, most (87 per cent) colleagues in convenience stores have faced verbal abuse over the last year while enforcing the law on age restricted sales has been named among the top three triggers for abuse.
With customer abuse cases at record high levels, Godhania fears that the bill’s requirements will only escalate confrontations.
Elsewhere in Croydon, Nisa retailer Benedict Selvaratnam (also known as Ben) is having similar concerns about this new added layer of complexity. Sharing Godhania’s concern, Ben also fears both customers’ backlash as well as delay in service at the till.
Ben said, "The added layer of complexity will slow down transactions at the point of sale, leading to potential delays, especially in busy stores like ours where every minute counts."
Retailers like Bobby Singh, who manages BB Nevison Superstore and Post Office in Pontefract, fears that these measures will force them into adversarial roles with customers.
Sharing his apprehensions, Singh told Asian Trader, “Through such laws, the government is basically expecting us to question grown adults on their choices.
"We will be questioning grown up responsible adults on their freedom of choice and this is just going to cause confrontation for me and my teams.”
Retailer Bobby Singh
Across borders in Wales, independent retailer Trudy Davies, who runs Woosnam and Davies News in Llanidloes, is worried about what she is going to do if this bill becomes law. She shares her apprehension over the strain the law would impose on her already overburdened staff.
Davies told Asian Trader, "When adult customers are asked for id - it then becomes a ‘flashpoint’ for disruptive purchasers whom the store staff will have to deal with. Their anxiety levels and stress with just daily things they deal with is enough for them.
"Now with more and more put onto them, particularly ‘policing’ as part of their job, it will be more worrisome for us business owners.
"Moreover, it is unimaginable how each cigarette or basic tobacco product will require an ID check every single time, putting other customers behind in line waiting to be served.”
Boost to illegal tobacco
Such age-restrictive ban might be a challenge for law-abiding stores though the move seems a blessing for illegal traders.
As perfectly summed by Davies, traders of illicit and contraband tobacco products are now eagerly looking forward to the ban coming in, “rubbing their hands together as we speak”.
A look at a recent research carried out by the Tobacco Manufacturers’ Association shows that most (80 per cent) UK smokers have bought illicit tobacco in the past year while the number of smokers that had bought illicit tobacco increased 6 per cent on the previous year.
Clearly, buying a fake or a contraband cigarette is neither unfamiliar nor new for smokers.
With weak penalties for perpetrators, poor border controls, low arrest rates and tobacco taxes creating disparity between neighbouring countries, it’s a problem that’s only set to grow. And the proposed ban is only expected to add wings to it.
Singh said, “The UK will see a boom in illicit trade, if such a ban comes into effect. We all know that illicit traders do not care about compliance or any kind of responsibility. Such a ban is only going to make things harder for convenience stores.
"People are anyway going to consume cigarettes if they want to, and they will get them from illicit sources.”
Sharing the concern that the ban will unintentionally fuel the already significant illegal tobacco market, Ben told Asian Trader, "Restricted legal access may drive younger generations to seek illicit sources, impacting legitimate retailers like us who are already affected by illegal trade competition.
"This situation could exacerbate the problem of counterfeit and untaxed tobacco flooding the market, posing further risks for community health and retail safety."
The knock-on effects don’t stop there.
Retailer Priyesh Vekaria, a One Stop retailer in Manchester, highlighted the risk that illegal trade funds organized crime, "The key concerns for me are that illicit trade and grey markets will boom.
“The bigger concern is that often illicit trade and grey markets are linked to and fund organised crime and this could pose much more serious implications to communities, if this is not carefully and practically enforced."
Dear Government
It is clear that implementation of the Tobacco and Vapes Bill, if it comes into effect, will require retailers to make significant changes in their businesses.
At this critical juncture, the government is being called on to support convenience retailers in implementing any proposed changes.
Retail bodies like the Association of Convenience Stores (ACS) are urging for clear guidance and public awareness efforts to ease the transition.
They are also stressing that the onus should be on policymakers to equip retailers with resources rather than leaving them to bear the brunt of implementation alone.
As Vekaria explains, “Advocating health in the community is key to being a responsible retailer.
"The government needs to own their decisions and support implementation with due diligence and consideration for the businesses who are facing customers at the grass root level.
Retailer Priyesh Vekaria
“Support us and work with us, understand our concerns to help us to implement your legislative changes,” he added.
Vekaria’s call for support is echoed by other retailers too, both for support and killing illegal trade.
Ben said, "I would urge the government to consider support measures for retailers as they roll out this ban. This could include investment in training, technology, and clear guidelines.
“Additionally, the government should prioritise combating the illegal tobacco trade with stricter enforcement and increased resources. Without tackling the illegal market, the impact of this ban might undermine its intended health benefits."
Furthermore, the bill will also include powers to introduce a licensing scheme for retailers to sell tobacco, vape and nicotine products in England, Wales and Northern Ireland.
ACS chief James Lowman warned that this scheme, introduced without prior consultation, risks pushing legitimate businesses out simply based on location, impacting investment and growth in the sector.
“We now need proper discussion of the details as regulations are drafted, or we fear that this legislation will significantly impact investment, growth and service provision in our sector,” he said.
Unnecessary, impractical, delusional
In 2011, 20 per cent of UK adults smoked, according to the Office for National Statistics (ONS) while in 2023, just fewer than 12 per cent did so. Fewer than one in 10 young adults in the UK smoked cigarettes in 2023 - down from a quarter of 18-24-year-olds 12 years earlier.
Overall, there has been a shift of mindset among people and the change can be seen at convenience stores too.
And this brings us to a fundamental question: with smoking rates already on a steady decline, is such a complex ban even required?
Singh feels such a ban is “not practical or real, not even required.” as people themselves are getting more health conscious and smoking rate is reducing massively.
“People are already making better choices but to suppress their freedom is not the right answer here,” he said, adding that rising the age from 18 to 21 would have made more sense.
Singh’s message to the government is blunt but poignant: “Put resources into education. Bringing awareness in the masses will and is showing better results as smokers are reducing.”
Retailer Trudy Davies
Retailers across the UK are speaking with one voice. They want the government to understand the practical realities and to respect the efforts they already make to promote responsible retail.
As Davies succinctly puts it, “Government needs to stop thinking only on the lines of ‘Ban, Ban, Ban’. Please, go to your local shop and stand in our staff's shoes for a few hours.
"Those people on the shop floor who have to handle your new legislation on a daily basis should be included in any discussions before laws are made.”
Clearly, if Labour’s goal is truly to create a healthier UK, then it needs to listen, understand and collaborate with convenience sector; maybe even refine and realistically re-imagine the otherwise seemingly lopsided bill to make it more practical and impactful?
UK retail footfall fell by 2.2per cent in 2024 compared to the previous year, marking the second consecutive year of decline, according to the latest data from BRC-Sensormatic.
December’s crucial festive period delivered underwhelming results despite a slight improvement compared to November.
Footfall in December was down 2.2 per cent year-on-year, an improvement from November's 4.5 per cent decline, attributed partly to the later timing of Black Friday in 2024. High streets saw a 2.7 per cent drop in December, while shopping centres experienced a more significant decline of 3.3 per cent. Retail parks remained stable, with no year-on-year change, benefiting from their free parking and larger store formats.
Across the UK, all nations experienced footfall declines in December, with Northern Ireland hit hardest, down 5.8 per cent, followed by Wales (-2.6 per cent), England (-2.1 per cent), and Scotland (-1.5 per cent). Over the three months to December—the critical ‘Golden Quarter’—footfall decreased by 2.5 per cent year-on-year.
Helen Dickinson, chief executive of the British Retail Consortium, described December as a “drab” end to a challenging year for UK retail. “High streets and shopping centres were hit particularly hard throughout the year as people veered towards retail parks,” she said. “The Golden Quarter, typically the peak of shopping activity, provided little relief, with footfall down over the period.”
Dickinson also highlighted the need for structural changes to support the retail sector. “Investment in town centres and high streets is held back by our outdated business rates system, which penalises town and city centres,” she said, calling for government reforms that do not increase rates for any retailer and instead foster investment and growth.
“With retailers facing £7 billion in additional costs this year from increased tax and regulations, the changes to the business rates system must be made in way that supports retail investment and growth in the years ahead,” she noted.
Andy Sumpter, retail consultant EMEA for Sensormatic, echoed the sentiment, noting that December's footfall failed to meet expectations despite some busy trading days. "As footfall limped towards the festive finish line, December's lacklustre performance compounds a disappointing end to 2024, marking the second consecutive year of declining store traffic,” Sumpter said.
“Retailers will now need to look afresh to 2025 and chart a course to adopt innovative strategies to reverse this trend or maximise the sales potential of fewer visitors, finding new ways to make each store visit count.”
A leading retailer of a family-run convenience store, operating since 1937, has been left with significant financial losses, deep trauma and emotional strain following an ugly incident of ram-raid that left the store completely damaged.
Early last Friday (27), five individuals smashed through the front doors of Spar Minster Lovell near Witney in Oxfordshire and used a vehicle to pull an ATM machine through the premises, causing extensive damage to the shop’s infrastructure and stock.
Retailer Ian Lewis, the store owner, recounted the incident to Asian Trader, describing how five individuals used a sledgehammer to break through the front doors before strapping the store's ATM to a vehicle and dragging it through the store.
Lewis told Asian Trader, “Last Friday morning, five males sledgehammered through the front doors and quickly strapped the cash machine to the back of one vehicle and then proceeded to pull it.
“The cash machine is at the back of the store. It was pulled and dragged right through the chiller and ambient area, causing extensive damage to the store, chiller doors and, stock.
“The culprits then took away with the cash machine. They couldn't get into the first vehicle, so they had to use a second one.”
At the time of this conversation, Lewis was waiting for the insurance company to visit. However, he suspects the damage to reach tens of thousands of pounds.
He said, “The automatic doors of the store were replaced recently on Dec 17, after the last break in that happened in September. We haven't even paid that bill fully and the doors are now completely damaged. This is over and above all the damage that the store sustained.
"Since the machine was at the back, almost the whole store has been shattered since it was pulled and dragged through, breaking everything that came on the way."
The impact goes beyond the financial burden, with Lewis expressing concern for his elderly parents, who live above the store and have been left deeply shaken.
He said, “But the worst thing here is that my elderly parents live above the store. They are still shaken and heartbroken. Its been a very traumatic week for us as a family. I can't believe it's nearly a week already; its pretty devastating.”
Lewis is also concerned over the mental health of early morning staff.
"It's been a very difficult time for everyone here. We've obviously got early morning staff that come in who are worried now. I am more worried about the safety of my parents who live a floor above.
“I am not able to sleep properly, nor my sister. The whole incident is taking a huge toll on us mentally and physically.”
The police is investigating the case and according to Lewis, has been quite proactive in this matter.
“The police has recovered both vehicles. They are confident that they have got a lead and something to work with. The police have been pretty proactive so hopefully we'll get something, and hopefully the offenders will be caught and brought to justice.”
The fourth generation family business, opened in 1937, has been targeted second time in four months. Earlier in September last year, a group of four masked men were caught on store's camera trying to break in the store before they cut the CCTV connection.
Lewis believes that the cash machine was the target at that time too though they couldn’t get through so they gave up and left.
“The police could not find anything so they actually closed that case. It is still not sure whether the two cases are linked.
“May be because they just could not get through last time so they came back again better prepared or may be it is a completely separate incident and not the same men," he said.
The rise in ram-raids targeting convenience stores with ATM machines is a growing concern across the sector. For Lewis, the repeated attacks have led to serious doubts about keeping an ATM in the store.
Lewis wrote on a social media platform, "Seeing the damage to the shop—our family business—and knowing my parents were upstairs during the break-in is something I’ll never forget. The voicemail I received from my dad yesterday morning, filled with fear and distress, will stay with me forever.
"This is the second time we’ve been targeted in just three months, and the damage this time is far more extensive. While we’re still processing the impact, one thing we are incredibly grateful for is the overwhelming support we’ve received.
"To our local community, your messages, visits, and offers of help have meant the world to us. Knowing how much this shop means to all of you gives us the strength to keep going during what feels like an impossible time.
"A huge thank you must also go to AF Blakemore & Son Ltd for their incredible support. Their guidance and assistance have been invaluable, reminding us that we’re not alone in this. While the road ahead feels uncertain, we’re determined to rebuild and continue serving our community."
Westcotes postmaster, Hemandra Hindocha, has been recognised by the King for services to his Leicester community and other postmasters.
Better known as “H” by customers, he has been at the heart of his Westcotes community for nearly 38 years after initially starting his postmaster career in Northampton, for five years.
The long-serving postmaster, who has served people in the Midlands for 43 years, has been awarded a British Empire Medal for the important difference he has made, including starting a support group for postmasters in the Midlands.
“H” was born in Uganda and had gone to university in India when his family had to flee Uganda in 1972 under Idi Amin’s rule. When he gained his degree in accountancy, he joined his family in the UK in 1973. His first postmaster role was at Northampton’s Regent Square Post Office until he moved to a bigger branch at Westcotes in 1988.
Soon after he set up a support group for postmasters in Midlands to help new or less experienced postmaster or those needing help to share knowledge and advice. It was also a social group for business people running Post Offices. Hemandra then also went on to Executive Office for Midlands for the National Federation of Subpostmasters.
Hemandra Hindocha and wife Kirti
“H” and his wife, Kirti, along with staff managed to keep Westcotes Post Office open throughout the pandemic to maintain vital services to the community.
He notched up 40 years’ service in 2021, and as soon as pandemic restrictions allowed he celebrate his achievement with a special Indian meal with 45 local postmasters and Post Office colleagues.
The 73-year-old has always considered the role of a being a postmaster as a “prestigious position” and maintains that it has been an honour to work for the Post Office.
“I was surprised and delighted to find out I had been named in the New Years’ Honour list. I still love coming to work every day, even on my days off,” Hindocha, said.
“I especially enjoy the rapport with my customers and understand the importance of building good relationships with them – they are like extended family. I have got to know several generations of the same family. People I served in my early days, many now have children and grandchildren.
Hemandra Hindocha and wife Kirti
Post Office area manager Ezra Nadasen said: “We want to sincerely thank “H” for running Westcotes Post Office for nearly 38 years and a branch in Northampton before that. He is a first-class postmaster who really cares about the community that he serves and also goes above and beyond for other postmasters, especially those who are new to the role or need advice. He is also held in high regards by other postmasters.”
A group of tireless campaigners who fought for justice for subpostmasters and mistresses caught up in the Post Office Horizon scandal have been recognised in the 2025 New Year Honours list. Among the honourees are Seema Misra, Lee Castleton, Josephine Hamilton, and Christopher Head, each named Officers of the Order of the British Empire (OBE) for their unwavering commitment to justice.
The honours spotlight their pivotal roles in exposing the flawed Horizon IT system, which led to wrongful convictions of hundreds of subpostmasters for financial discrepancies. Also recognised was Dr Kay Linnell, a forensic accountant and expert witness whose advisory work with the Justice for Subpostmasters Alliance was instrumental in achieving restitution.
The Horizon scandal, one of the UK’s most significant miscarriages of justice, saw subpostmasters falsely accused of theft and fraud due to errors in the Post Office’s IT system.
Jo Hamilton and cast and crew accept the Impact Award for “Mr Bates vs The Post Office” on stage during the NTAs 2024 at The O2 Arena on September 11, 2024 in London, England.Photo by Lia Toby/Getty Images for the NTA's
Misra told Asian Trader the OBE was not just for her, but for every single campaigner who has fought for justice and that it gives them all the determination to continue to fight to see those responsible face criminal investigations.
“This is definitely a collective award - each and every single postmaster played a part, and the general public, too, for the support they have and continue to give us,” said Misra.
“The fight is not over – this award will keep the story alive.”
Misra, 48, was wrongly imprisoned in 2010 after being accused of stealing £75,000 from her Post Office branch in Surrey, where she was the subpostmistress. Her conviction finally overturned in 2021.
She was two months pregnant when she was jailed and said had she not been expecting her second child, she would have ended her own life “for sure”.
Now her son is 13 years old and Misra said it will be a “beautiful moment” when he accompanies her to Buckingham Palace to receive her award.
"He's very excited. He’s already asking if it happened during the weekday, if he will get time off school to attend.”
The previous Conservative government unveiled legislation in March to exonerate those wrongly prosecuted and compensate them after ITV drama Mr Bates vs The Post Office renewed focus on their plight.
Retail and consumer sector leadership
Leena Nair, the global chief executive of Chanel, was awarded the CBE for her services to the retail and consumer sector – with Chanel being the biggest investor in the UK cultural landscape under her leadership and commitment.
The British Indian business executive is the first female chief executive of the French luxury brand.
Prior to that, she was the first female and youngest-ever chief human resources officer of Unilever - a position she resigned from to join the iconic group in January 2022.
“I am deeply grateful for this profound honour. This recognition reinforces our commitment as a business to have a positive impact in the world,” Nair said.
“I am thankful to my passionate and dedicated teams whose support makes all this possible. It inspires me to continue striving for excellence and contributing to wider society. I hope it encourages others to break barriers and follow their dreams.”
Leena Nair attends TIME100 Women's Leadership Forum at Chelsea Piers, Studio 59 on September 10, 2024 in New York CityPhoto by Shannon Finney/Getty Images for TIME
Tarsem Singh Dhaliwal, chief executive of Iceland Foods, received an OBE for his contributions to the Welsh economy, retail, and charity.
Born in India in 1963, Dhaliwal moved with his family to the UK in 1966. He grew up in Warrington where he was educated at Woolston comprehensive school and gained his initial retail experience helping his father to run a market stall.
His connection with Iceland dates back 40 years; he joined the company as a trainee accountant in 1985, shortly after college. Dhaliwal worked at Iceland until 2001, leaving after the company was acquired by Big Food Group, which brought in new management. However, he soon returned, teaming up with founder Malcolm Walker and other investors to buy back Iceland when it struggled under the new leadership.
Since rejoining in 2005, Dhaliwal and his colleagues have revitalised Iceland Foods, transforming it into a profitable venture. The company, which runs around 1,000 stores and employs 30,000 people, reported a 24 per cent increase in underlying profit to £315.7m in its 2024 financial year, with sales growing 6.6 per cent to £4.3 billion.
Tarsem Singh DhaliwalPhoto: Iceland Foods Ltd
Dhaliwal was appointed group CEO in 2018, after a year as group managing director and 12 prior years as group finance director.
He also serves as a trustee of the Iceland Foods Charitable Foundation, which celebrated its 50th anniversary last year with a spectacular charity ball in Liverpool.
“I am deeply honoured to have received this award, considering that over 61 years ago, I was born in a small village in India called Bhamipura, which, at the time, had no electricity or running water,” Dhaliwal told Asian Trader.
“I wish my mum and dad were alive to enjoy this recognition with me and the family. However, it will go into the history books that a Dhaliwal from Bhamipura has an OBE.
"A huge thank you to everyone who has helped to make this happen.”
Victoria Robertshaw, founder of Green Street, an organisation that helps to develop greener British high streets, was also named an OBE for her impact on the retail sector.
Richard Price, managing director of clothing & home at Marks and Spencer, and Paul Buchanan, trustee of John Lewis Partnership Foundation have been recognised with MBEs from the retail sector.
Community champions and industry leaders
Hemandra Hindocha and Richard Gresham Haley, postmasters serving their local communities in Epworth, Doncaster and Westcotes, Leicester respectively, received Medals of the Order of the British Empire (BEM).
Better known as “H” by customers, Hindocha has been at the heart of his Westcotes community for nearly 38 years after initially starting his postmaster career in Northampton, for five years.
The 73-year-old has always considered the role of a being a postmaster as a “prestigious position” and maintains that it has been an honour to work for the Post Office.
“I was surprised and delighted to find out I had been named in the New Years’ Honour list. I still love coming to work every day, even on my days off,” Hindocha, said.
Hemandra Hindocha
“I especially enjoy the rapport with my customers and understand the importance of building good relationships with them – they are like extended family. I have got to know several generations of the same family. People I served in my early days, many now have children and grandchildren.
“This is a very multi-cultural area and not everyone speaks English well, so I have trained my staff to be patient, to explain things simply and to help customers with forms. We like to be helpful and word soon spreads and their family and friends come in as they have heard good things about the service they have received.”
Anne Croucher, Community Champion at Tesco, has also won a BEM for services to the community in Dumfries and Galloway.
Younis Chaudhry, founder of Regal Food Products Plc, was honoured with an MBE for his business contributions and community work in Bradford.
Founded in 2001, Regal Foods is a manufacturer and distributor of a vast range of world food products as well as producers of a large selection of mainstream confectionery products. The business started by supplying a small selection of bakery products to grocery shops within the local area, initially to meet the growing needs of the South Asian consumers.
Younis ChaudhryPhoto: Regal Foods Products Group
The business (home of Regal Bakery, Regal Foods, Yorkshire Baking Company, Just Desserts Yorkshire and Love Handmade Cakes) now has a portfolio of over 400 products within the world food, bakery, and confectionary categories, which span over multiple brands. Besides distributing to the UK retail, it also exports products to over 40 countries around the world.
“When I started in business over twenty years ago, nothing would have prepared me for the journey I have been on, both in business and in life. The community in where I live and where I have built my business is everything to me and I am humbled to be a part of it,” Younis Chaudhry commented on winning the honour.
“Whilst I feel it is my duty to give back, I feel truly honoured to have received such recognition. I wouldn’t be the person I am today if it wasn’t for my family, I would personally like to thank my parents for their prayers and blessings and for the guidance they have given me in life. A heartfelt thanks also goes to my wife, children, and brothers for the support they continue to give.
“I am honoured to work with around 300 people who make up my brilliant team at Regal Food Products Group, I thank each and every one of them for joining me in my Regal journey and for working with me in building the great food group you see today.”
Dr William Bain Lumsden, director of distilling, whisky creation and whisky stocks at The Glenmorangie Company, whose main product is the range of Glenmorangie single malt whisky, and Duncan Farrington, founder of Farrington Oils, Northamptonshire-based producers of Mellow Yellow Cold Pressed Rapeseed Oil have also won MBEs in the food and drink sector.
The UK's independent retail sector endured a grim 2024, with 11,341 store closures and 58,616 job losses, marking a significant increase compared to 2023, when 7,793 stores closed and 34,390 jobs were lost, according to the Centre for Retail Research.
This 45 per cent rise in store closures and a staggering 70 per cent jump in job losses highlight the growing challenges faced by smaller retailers, who have been disproportionately affected by economic pressures, rising costs, and intensifying competition. The sector's struggles contributed heavily to the overall retail closures and redundancies in 2024, which saw 13,479 stores shuttered and 169,395 jobs lost across the UK.
In contrast, the multiples sector, while also impacted, experienced a less dramatic year-on-year change. In 2024, multiples closed 2,138 stores and reported 74,784 job losses, compared to 2,701 closures and 45,428 job losses in 2023.
The figures paint a bleak picture for independent retail, which is often hailed as a cornerstone of local communities. Retailing jobs form a sizeable portion of the country’s overall job market, with 2.87 million roles representing about 8.5 per cent of all UK jobs, according to the most recent figures from the British Retail Consortium.
“The comparatively low [job loss] figures for 2023 now look like an anomaly, a pause for breath by many retailers after lockdowns if you like,” Professor Joshua Bamfield, director of the Centre for Retail Research, said.
“The problems of changed customer shopping habits, inflation, rising energy costs, rents and business rates have continued and forced many retailers to cut back even more strongly in 2024.”
Trade bodies have warned that small high street shops are likely to face significant challenges in 2025 due to tax hikes announced in the Autumn Budget, coupled with minimum wage changes. Businesses will see an increase in national insurance contributions and a reduction in business rate discounts next year.
The Centre for Retail Research forecasts 17,349 store closures in 2025, resulting in nearly 202,000 job losses.
“By increasing both the costs of running stores and the costs on each consumer’s household it is highly likely that we will see retail job losses eclipse the height of the pandemic in 2020,” Bamfield warned.