// Arcadia units remain empty one year after collapse
// The group, which owned Topshop, Topman, Burton and Dorothy Perkins stores, has just 13% of stores reoccupied
// The brands were acquired in two separate deals by online retail giants Asos and Boohoo
New research has found that around 86 per cent of Arcadia’s shop sites remain vacant since the group fell into administration last year.
The group, which owned Topshop, Topman, Burton and Dorothy Perkins stores, has had just 13 per cent of its stores reoccupied, according to data from the Local Data Company (LDC).
Arcadia fell into administration at the end of November last year, which meant its 444 UK stores and 22 overseas locations were forced to shutter.
READ MORE: Administrators appointed to liquidate what’s left of Arcadia Group
The brands were acquired in two separate deals by online retail giants Asos and Boohoo, but no stores were saved as part of the move.
LDC also revealed that landlords in the North East have particularly struggled to find new occupants for the stores amid a differing picture regionally.
All former Arcadia sites in North East remain empty, while 97 per cent in the South West are also still vacant.
However, properties in Wales and the South East have seen better occupancy rates, with 24 per cent and 21 per cent of these finding new occupiers over the past year.
Charity shops took on six former Arcadia units, with other sites filled by a range of businesses including two vaccination centres and two nightclubs.
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