The line graphs compares the opening and closing of number of shops aver a period of eight years from 2011 to 2018. It shows how the trend changed over time.
Evidently, people were the most excited to open new shops in shops in the beginning of the survey, when 8,500 shops were inaugurated, whereas, 6,500 shops were closed. There were fluctuations in both openings and closures of business.
Surprisingly, the enthusiasm to invest in new shop dropped in the following year. It steadily increased for two years before plunging store for back to 4,000 new shops. There was no new store for three consecutive years. However, the launch of outlet decreased by 1000, ultimately reaching 3000 in 2018, which was less than the fail of stores
By contrast, many previously run businesses were going down. The number of shut down shops increased from 6,300 to 7,000 before dropping slightly to 6,000 in 2012. 2013 was the year when the businesses failed and were closed; nevertheless after 2013, the closure of shops declined and the trend dramatically plummeted in 2015, when only 500 shops ran out of business. But the shops could not keep up and were bound to shut down. Nearly 5000 shops each were closed in the next three years.
Overall, it can be seen that many shop owners were finding it difficult to earn profit and were compelled to shut. The number of shops closing were shockingly more than the launch of new shops.