UK retail sales fell - who were the biggest casualties?

Blockbuster, HMV, Jessops and more.

UK retail sales fell in December - 0.1 per cent from the month before. For a December, this is bad: at 0.3 per cent the annual growth rate is the slowest since 1998 (excepting 2010).

Only one sector has been doing well: rather unsurprisingly, online retailers are fine. About 10.6 per cent of sales were carried out online during the month, compared to 9.4 per cent in December last year.

Companies from other sectors have not been as lucky. Here are the biggest casualties from the past year:

1. Blockbuster

On 16 January the company announced it would go into administration. Online competition and posted rental videos had destroyed the business.

2. HMV

The company announced it was filing for adminstration on 15 Jan, overtaken by supermarket and online sales of CDs and DVDs.

3. Jessops

Administration happened on 9 January. Competitors had been supermarkets, smartphone cameras, and internet camera vendors.

4. Comet

Went into administration on 2 November: the sale of TVs and other large appliances have mostly moved online.

5. JJB Sports

Announced administration on 24 September. Rival Sports Direct had wiped it out.

6. Clinton Cards

The company announced administrators were coming in on 9 May. Supermarkets and the internet had started selling greetings cards, and the company couldn't compete.

7. Aquascutum

17 April went into administration. The economic downturn had caused major problems.

HMV filed for administration on on 15 Jan. Photograph: Getty Images
20th Century Fox
Show Hide image

The NS Podcast #150: Englishness, X-men and Equality

The New Statesman podcast.

This week, Helen and Stephen try their best not to talk about the EU. Instead they turn to Boris Johnson’s media strategy, MP’s expenses, and Labour and the idea of Englishness. They go down-the-line to the Lobby with George Eaton. Then Henry Zeffman joins to discuss the politics of the new X-men movie. You also ask us: what does the future hold for the Women’s Equality Party? (Helen Lewis, Stephen Bush, George Eaton, Henry Zeffman)

You can subscribe to the podcast through iTunes here or with this RSS feed: http://rss.acast.com/newstatesman, or listen using the player below.

Want to give us feedback on our podcast, or have an idea for something we should cover?

Visit newstatesman.com/podcast for more details and how to contact us.