The line chart illustrates the comparison of how many shops closures and opening from 2011 to 2018.
Overall, at the beginning of the period, although the number of new opening shops were higher than closed shops, it showed a downward trend in the following years. Meanwhile, the closed stores experienced a fluctuation trend over the period.
To begin with, in 2011, the quantity of new opening stores started at around 8,500, whereas the closed shops were around 6,500 stores. However, the new opening shops showed a dramatic declined in 2012, at roughly 4,000 shops, and then grew up to 6,000 stores in 2014. After this, the new shops opened were likely to fall slightly to 3,000 shops in 2018.
Furthermore, the number of shops closures fluctuated between 2011 and 2014, which ranging 6,000 to 7,000 shops. Moreover, the figure dropped sharply from over 6,000 to less than 1,000 shops in 2015, then jumped back to 5,000 stores in the next year. In addition, the closed shops remained stable until the end of the period.
