The line graph provides information about the number of shops that were either open or closed over seven years, starting in 2011. It is evident that there were significant changes in both openings and closures.
Looking at the closures, in 2011, approximately 6500 shops closed, with this figure decreasing to 6000 by 2012. After a slight dip, shop closures began to increase again, reaching a peak in 2013 at 7000. Notably, there was a dramatic decline in the number of shop closures in 2015, dropping to 500, the lowest figure. By 2016, the number of closed shops soared to over 5000 and remained stable for the following two years.
Turning to shop openings, almost 8500 shops opened in 2011, peaking in this category. However, this number dramatically decreased by about 4500 in 2012. The number of shop openings reached 6000 in 2013, showing a gradual rise. Subsequently, there was a moderate decline in the number of new shops opening, at 5000 and this figure remained stable from 2015 to 2017. The number of opening shops stood at 3000 in the final year.
Overall, despite starting the chart with the highest figures, the number of newly-established shops ended the period with lower counts, with constant fluctuations throughout. The figures of closed shops followed a somewhat similar trajectory, albeit to a varying extent.
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