The shop vacancy rate in St Helier has fallen to 7.5%.
Jersey Business says the drop from 8.6% at the end of last year is down to more new openings and existing retailers expanding their presence.
It's the first time in a year that the rate has been under 8%.
“Our retail landscape is showing its resilience, despite two years of the pandemic, and the resulting increase in online buying.
We’ve seen new openings this year, and the expansion of existing outlets. In addition, the plans from Le Masurier, to regenerate more than two acres of central St Helier (subject to planning approval), will provide a much-needed boost to the Broad Street area and bodes well for the future of the retail experience for customers and businesses." -Lorie Rault, Head of Retail, Jersey Business.
Separate data for 'covered shopping centres' of more than ten individual shops also put the vacancy rate at 7.5% compared to 19% in the UK. That includes Liberty Wharf and The Parade.
Les Quennevais shopping precinct was also measured separately. Its vacancy rate has remained static at 10%.
The UK high street vacancy rate is 14.1%.
Work begins on Haut du Mont Memorial Garden
Inflation in Jersey at 2.8%
Review rules out benefits overlap for pensioner carers
Ignoring data protection may cause Jersey to 'lose our economy'
Draft law scraps time limits on abortions in Jersey
Divide over approach to gender guidance in schools
Three charities awarded £500 grants in community campaign
Ministers back principle of social media 'restrictions' for under 16s
