The line graph presents information regarding the number of store closures and the number of new stores being establised in a particular region from 2011 to 2018.
Overall, it can be seen from the graph that the number of store opened exhibited a general decreasing trend. Whereas, the number of shop closures stabilised during the time period, except a significant drop happed in 2015.
In 2011, there were around 8500 store openings, following this, the trend experienced a considerable decline to 4000 within 1 year. After this, a gradual recovery was seen until 2014, before declining back to 4000 in 2015 and reached plateau, before deplaying a further reduce to nearly 3000 in 2018.
Regarding the closures, the trend initiated at approximately 6500 in the beginning experienced some fluctuations in the following 3 years. Then, a dramatic downward trajectory was evidenced in 2015, which was accounted for just below 1000. Subsequently, the number showed a exponential growth to above 5000 in 2016 and stabilised at this level until reaching the end of the time period.
