The line graph compares the number of shop closures and openings in one country from 2011 to 2018.
Overall, the number of shop closures experienced a decline, with the most notable fall in 2015, though it surpassed openings by the end of the period. Similarly, shop openings showed a decrease throughout the period.
In 2011, the figures for openings and closures stood at around 8,500 and at about 6,400, respectively. The number of openings fell sharply to 4,000 in 2012, before recovering to roughly 6,000 by 2014. The figure for closures declined only slightly to about 5,900 in 2012, and then hit its peak at 7,000 in 2013, before retreating to nearly 6,600 by 2014.
After 2014, both figures experienced considerable declines. Openings again fell to 4,000, while the number of closed shops plummeted to its minimum at around 800 by 2015. The figure for openings stayed relatively stable until 2017 before further decreasing to 3,000. In contrast, closures significantly recovered to about 5,100 in 2016, overtaking the figure for openings. This figure then stayed relatively unchanged until the end of the period.
