The number of empty shops in Wales fell slightly in the final few months of 2022, but Welsh store vacancy rates continue to be among the highest in the UK. According to the Welsh Retail Consortium (WRC) and Local Data Company (LDC) vacancy monitor, shoppers in Wales saw fewer empty stores in the fourth quarter of 2022.
Figures show that the overall vacancy rate in Wales improved to 16.3%, dropping from 16.6% in Q3 and 1.2 percentage points up on the same period a year earlier. Shopping centre vacancies improved to 21.9%, down from 23% in Q3, while high street vacancies improved to 16.2% in Q4, down from 16.3% in Q3.
Read more: The Welsh firm that takes apart decommissioned planes with global growth on its radar
