Home Business news Nearly 5,000 UK chain stores closed last year at rate of 14...

Nearly 5,000 UK chain stores closed last year at rate of 14 a day

28

Pharmacies, banks and pubs retreat from town and city centres knocked by failure of Wilko last year

Almost 5,000 more chain stores were left empty last year – a rate of about 14 closures a day – as high streets were hurt by the failure of Wilko and the retreat of banks and pubs.

Pharmacies were the biggest loser with 787 chain outlets disappearing – although many of these were Lloyds outlets which were taken over by independents.

Continue reading…Pharmacies, banks and pubs retreat from town and city centres knocked by failure of Wilko last yearAlmost 5,000 more chain stores were left empty last year – a rate of about 14 closures a day – as high streets were hurt by the failure of Wilko and the retreat of banks and pubs.Pharmacies were the biggest loser with 787 chain outlets disappearing – although many of these were Lloyds outlets which were taken over by independents. Continue reading…