The chart depicts the figures related to the and initiation of shops within a specific nation from 2011 to 2018.
Overall, it is apparent that both the closing down of shops and the establishment of new ones experienced a decrease throughout this time frame, with the latter seeing a particularly significant decline. Following notable fluctuations for both categories, by the conclusion of the year, it became more prevalent for shops to close down.
In the year 2011, the count of fresh shop openings was around 8,500, notably higher than the number of closures, which was 6,200. Moving into the subsequent year, the openings decreased to 4,000 and then in 2014, reaching slightly above 6,000 shops. In contrast, shop closures remained steadier, of 7,100 in 2013 before almost matching the number of openings in 2014.
Starting from 2014 onwards, the number of closures saw a significant drop reaching approximately 500 in 2015, then rising slightly over 5000 in 2016 and maintaining relative stability at this level until the end of the period. Conversely, the number of openings displayed a relatively gradual decline from 6000 in 2014, conducting at 3000 in 2018.