Convenience on the up, chemists shuttered – the factors affecting store openings and closures

Closed stores on a Glasgow street

Source: Shutterstock

Net store closures of chain outlets in the UK reached 12.5 a day in the first half of 2024, averaging 38 closures and 25.5 openings per day according to new data from PwC and Green Street. Retail Week delves into the data to explore the factors impacting openings and closures

Net closures increased from 11 per day to 12.5 per day in the first half of 2024.

 

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