The provided line graph below indicates the number of established shopping centers and, meanwhile, the number of shops that closed between 2011 to 2018.
A glance at the graph reveals that shop openings numbered around 8500 in 2011. In a short period, from 2011 to 2012 the graph experiences a sharp reduction to roughly 4000. As observed in 2012 the number of opened centers increased gradually until 2014 to just above 6000. It is apparent that openings drop to 4000 once again from 2012 to 2015. Categorically speaking, the number of founded centers remained steady from 2015 to 2017 except for a slight uplift in 2017. Finally, it is clear from the data that openings experience a decline of about 1000in 2018.
Now, returning to the details, the number of closures began with nearly 6500 in 2011. After a year, the graph suggested a downward trend to 6000. Moreover, there was an improvement to 7000 seen from 2012 to 2013. In contrast, there was a fall to nearly 6500, which is the same as the starting point in 2011. A dramatic collapse was explicitly observed between 2014 and 2015. Just after a while the number of closed shops moved upwards to reach 5000. Furthermore, a static status was seen from 2016 to 2018.
Overall, the graph indicates that the number of closures and openings became equal in 2014. Ultimately, openings seem to be continuously decreasing while the number of closed shops remains relatively stable toward the end of the graph.