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The image displays a line graph titled "Number of shop closures and openings 2011-2018," tracking annual shop closures and openings. Data points for each year are as follows: 2011: closures approximately 5,800, openings around 2,900; 2012: closures around 6,600, openings about 3,100; 2013: closures approximately 7,200, openings around 3,400; 2014: closures roughly 6,800, openings about 3,900; 2015: closures around 8,200, openings approximately 4,200; 2016: closures near 7,000, openings about 3,500; 2017: closures roughly 7,600, openings around 2,500; 2018: closures approximately 5,600, openings about 2,300. The graph uses a continuous line for closures and a dashed line for openings, both plotted against a vertical axis ranging from 0 to 9,000 and a horizontal axis timestamped from 2011 to 2018.
Given the complexity of the image, the above description may not be entirely accurate.
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Note: Both the topic and the answer were created by one of our users.
The line graph shows trends in the number of closures and opening shops in a particular country from 2011 to 2018.
Overall, the number of opening shops has undergone a dramatic decrease throughout the given period. It then plateaued after a drastic fall. While the number of closures remained relatively stable during the period.
In 2011, approximately 6,400 shops closed. The number of closures fluctuated over the next four years until 2015, where there was a dramatic fall in closures to roughly 700 shops. The following year, the number of shops closing their doors rose sharply, reaching over 5,000. The figures then remained steady for the next two years, with just over 5,000 closures in 2018.
The number of new shops opening decreased dramatically between 2011 (approximately 8,700) and 2012 (just below 4,000) but rebounded by roughly 50% by 2015. In 2015, the number of openings then fell to the 2012 level but plateaued for the next two years. The last recorded year, 2018, witnessed even more of a slight decrease in the number of openings, reaching around 3,000—the lowest point in the seven-year period.
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