Covid-19 forced over 17,500 chain stores to close in 2020

The results showed that as many 17,352 stores across England, Scotland and Wales permanently shuttered last year, whilst only 7,655 shops opened

More than 17,500 chain stores were forced to close last year across the UK, as Covid-19 has created one of the worst declines for retail on record. 

According to research by PwC and the Local Data Company, 2020 saw an average of 48 shops, restaurants and leisure venues close every day – with only 21 opening.

Related Articles
Back to top button