Grainger Market Vendor Closes in Newcastle
What happened
A popular food vendor in Newcastle's Grainger Market has shut down, with the owners citing a "difficult" decision. The closure marks a change in the local city centre's small business landscape.
Why it matters
- The closed food vendor was Yummie, a frozen yogurt stall that opened in July 2024. The owner, law school graduate Zeynep Clyburn, stated that as a first-time business owner, she struggled to overcome various difficulties and challenges. - The closure comes as the Grainger Market is undergoing a £9 million renovation, which began in September 2024 and is expected to be completed in early 2026. The project aims to modernize the Grade I-listed building to "rival the best European markets" with new flooring, lighting, and glazed doors to create a warmer interior. - While many traders are hopeful the investment will bring in more customers, the renovation process has reportedly had a "detrimental" effect on some businesses, with some reporting a significant drop in turnover due to the works. - The Grainger Market is a hub for over 100 small businesses, including long-standing family-run stalls and newer street food vendors. It is home to the world's smallest Marks and Spencer, known as the M&S Penny Bazaar. - Independent food businesses in Newcastle face challenges from a market dominated by supermarkets and national supply chains. However, Newcastle's hospitality sector has shown strong growth, with a 2.2% increase in licensed venues over the past year, the highest of all major UK cities. - Despite the cost-of-living crisis, consumer spending in the North of the UK has prioritized quality and experience-led venues, with overall satisfaction with the quality of hospitality experiences at 87%. - The renovation plans include the creation of new event spaces within the market's central arcade, which could host gigs, plays, and fashion shows, aiming to attract a wider audience. - Several independent food vendors in the Grainger Market have found success, including Acropolis, an award-winning Greek street food vendor, and Fed's Fried Chicken, which has built a strong reputation since opening in 2020.
Key numbers
- - The closed food vendor was Yummie, a frozen yogurt stall that opened in July 2024.
- The closure comes as the Grainger Market is undergoing a £9 million renovation, which began in September 2024 and is expected to be completed in early 2026.
- The Grainger Market is a hub for over 100 small businesses, including long-standing family-run stalls and newer street food vendors.
- However, Newcastle's hospitality sector has shown strong growth, with a 2.2% increase in licensed venues over the past year, the highest of all major UK cities.
What happens next
- The closure comes as the Grainger Market is undergoing a £9 million renovation, which began in September 2024 and is expected to be completed in early 2026.
- The project aims to modernize the Grade I-listed building to "rival the best European markets" with new flooring, lighting, and glazed doors to create a warmer interior.
- While many traders are hopeful the investment will bring in more customers, the renovation process has reportedly had a "detrimental" effect on some businesses, with some reporting a significant drop in turnover due to the works.
Quick answers
What happened in Grainger Market Vendor Closes in Newcastle?
A popular food vendor in Newcastle's Grainger Market has shut down, with the owners citing a "difficult" decision. The closure marks a change in the local city centre's small business landscape.
Why does Grainger Market Vendor Closes in Newcastle matter?
The closed food vendor was Yummie, a frozen yogurt stall that opened in July 2024. The owner, law school graduate Zeynep Clyburn, stated that as a first-time business owner, she struggled to overcome various difficulties and challenges. The closure comes as the Grainger Market is undergoing a £9 million renovation, which began in September 2024 and is expected to be completed in early 2026. The project aims to modernize the Grade I-listed building to "rival the best European markets" with new flooring, lighting, and glazed doors to create a warmer interior. While many traders are hopeful the investment will bring in more customers, the renovation process has reportedly had a "detrimental" effect on some businesses, with some reporting a significant drop in turnover due to the works. The Grainger Market is a hub for over 100 small businesses, including long-standing family-run stalls and newer street food vendors. It is home to the world's smallest Marks and Spencer, known as the M&S Penny Bazaar. Independent food businesses in Newcastle face challenges from a market dominated by supermarkets and national supply chains. However, Newcastle's hospitality sector has shown strong growth, with a 2.2% increase in licensed venues over the past year, the highest of all major UK cities. Despite the cost-of-living crisis, consumer spending in the North of the UK has prioritized quality and experience-led venues, with overall satisfaction with the quality of hospitality experiences at 87%. The renovation plans include the creation of new event spaces within the market's central arcade, which could host gigs, plays, and fashion shows, aiming to attract a wider audience. Several independent food vendors in the Grainger Market have found success, including Acropolis, an award-winning Greek street food vendor, and Fed's Fried Chicken, which has built a strong reputation since opening in 2020.
