Great Britain
Britain loses 6 000 retail stores in 5 years
New estimates from the British Retail Consortium (BRC) indicate that 6 000 storefronts were lost in the country in five years. The rise in the cost of living has led to short confidence amongst consumers and less spending, experts point out
UK: cost-of-living crisis to impact Christmas spending habits
Nearly half of UK consumers (43%) are expecting to spend less over the upcoming festive season, as compared to 22% in the same period last year. Consumer confidence is at an all-time low
Great Britain with a record of 17 500 stores closing in 2020
According to new data by consulting firm PwC, Great Britain had an avalanche of store closures during 2020, with some 17 500 stores not resisting the impact of the pandemic. On the other hand, 7 655 opened, representing a net loss of 9 877 stores
2020: more than 17 500 chain store outlets lost in Great Britain
As the COVID-19 pandemic triggered the worst decline on record: more than 17 500 chain store outlets disappeared from high streets, shopping centres and retail parks across Great Britain last year
Great Britain: Online sales continue to increase
A first estimate issued by the Office for National Statistics (ONS) indicates that retail sales in Great Britain continue to decline. Online sales increased again- 1
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