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More than 30 chain stores closing a day

Publié par Clifford Armion le 18/10/2012

Rebecca Smithers

The UK's struggling retail chains are closing their shops at a rate of more than 30 a day across the UK as the economic downturn continues, according to research.
Figures show that across the UK embattled retailers closed 32 stores a day in July and August as Britain's high street continued to suffer from the consumer spending slump. That figure is up from 20 a day in the first six months of 2012.
High-profile administrations this year of major retailers including Game Group, Peacocks, Past Times and Clinton Cards helped push the number of closures of town centre chain store outlets to 953 in the first half on a net basis (meaning those closing minus those opening).
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"More than 30 chain stores closing a day", La Clé des Langues [en ligne], Lyon, ENS de LYON/DGESCO (ISSN 2107-7029), octobre 2012. Consulté le 27/09/2020. URL: http://cle.ens-lyon.fr/anglais/archives/archives-revue-de-presse/more-than-30-chain-stores-closing-a-day