Connect with us
Belgian shops

News

More than 12,000 Belgian shops to close in 10 years

Around 2,500 shops in Wallonia have closed in the last 10 years, L’Echo and De Tijd reported on Saturday. 

The two papers added that 9,700 shops in Brussels and Flanders have also closed. One in five retail properties in Wallonia is currently empty.  

“This trend became more apparent in Wallonia in 2018, as we lost 622 shops. The 2019 figures are showing a similar pattern. 475 shops had to close by August this year,” the Neutral Independents Union said. 

The specialist study bureau Locatus revealed the amount of empty retail properties in the Brussels region has more than doubled, going from 5% in 2009 to 11.1% in 2019 (and even 11.9% in the city itself). It went from 5.9% to 9.7% in Flanders. 

The high amount of shop closures can be explained by the popularity of e-commerce giants, as well as changes in consumer behaviour and real estate pressure. 

Newsletter Signup

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

In the first quarter of this year this Belgian port grew throughput six percent

Belgium

100 hotel guests evacuated on Jean Rey Square

Brussels

Congestion on inner orbital as Troon Tunnel is renovated

Brussels

Banking secrecy in Belgium has been improved and that’s not OK

Belgium

Newsletter Signup

Copyright © Brussels Post News

Newsletter Signup