20-03-2025 01:01 via retailgazette.co.uk

Data: 2024 store closures hit second-lowest level in a decade

Net shop closures across the UK stabilised in 2024 as openings across retail parks accelerated and the rate of closures across high streets and shopping centres slowed.
Last year, closures across chain retail stores, leisure venues and service outlets fell 13.5% year-on-year to 12,804, according to data from PwC and Green Street.
These closures, which equated 35 per day, were the second lowest recorded level over the last decade, behind 2022, and stood at 3802 in net terms.
Store openings over 2
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