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Almost 50 chain stores a day closed in Britain during first half of 2021, research reveals

ALMOST 50 chain stores a day closed down on Britain’s high streets, retail parks and shopping centres in the first half of the year, according to research published today.

Figures collected by the Local Data Company for accountancy firm PwC showed that 8,739 shops were lost in the first half of the year, with 3,488 opening in the same period, equating to a net decrease of 5,251.

As the Covid crisis began to bite in the first half of last year, 11,120 shops closed, giving a net decrease of 6,001 – 750 more than in the first six months of this year.

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