13,400 High Street Shops Closed in 2024
By Victoria Friedman More than 13,400 shops shut in 2024, with experts warning it will only get worse this year as cost increases outlined in the Budget are expected to impact retailers. Data from the Centre for Retail Research published on Thursday showed that 13,479 stores closed last year, an equivalent of 37 a day. This is an increase of more than a quarter (28 percent) on 2023…
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