The line chat illustrates the information about the number of closed and newly opened shops from 2011 to 2018. Overall, the number of shop closures saw a decreasing trend while that of shop openings fluctuated over time. Additionally, although the number of shop openings exceeded that of shop closure in the beginning of the period, the opposite was observed in 2018.
The number of shops that are newly opened was at its peak in 2018, with the figure being approximately 8,500 shops. It then experienced a significant drop to around 4,000 shops in the following year. Despite a fluctuation throughout the year 2013 and 2015, it remained at the same level for three consecutive years at around 4,000 shops. Finally, the number of opening shops finished at 3,000 shops in 2018.
Moving on to the number of shop closures, the trend fluctuated during 2011 to 2014, ranging from 6,000 shops to 7,000 shops. Interestingly, the figure drastically dropped by around 7 times, to less than 1,000 shops in 2015, and then jumped back to well above 5,000 shops in the next year. It then stayed stable at that level until the end of the period.