The line graph illustrates the number of shops that shut down and the number of new shops that introduced in a particular nation during the span of seven years from 2011 to 2018.
Overall, it is evident that the openings were declined at a significant rate, while closures were decreased drastically at a certain point but recovered it up to slightly less than that of beginning.
First and foremost, considering closures, it initiated at around 6,0
500 and hit the highest of approximately 7,000 in 2013. After that, the figure dipped dramatically and reached at the bottom about 500 by 2015. Furthermore, the figure recovered to just over 5,000 in the following year. Thereafter, it fluctuated slightly and retained same position at the end of the span.
On the other hand, regarding openings, which started at almost 8,500, and underwent a major decline in 2012, reaching 4,000. It surge consistently to 6,000 in 2014 and plummeted by around 2,000 in the next year. Then, it stayed almost unchanged until 2017, where it dropped moderately to 3,000 at the end of the period.