2024 UK store closures hit 2nd-lowest level in 10 years: PwC
Around 35 British shops closed each day last year amid continued pressure on the high street—a drop from 2023 figures and the second fewest closures in a decade, PwC data show. Closures were only lower in 2022. A total of 12,804 shops and outlets belonging to multiples and chains exited UK high streets, shopping centres and retail parks last year. New openings were also a bit lower than in 2023.
Around 35 British shops closed each day last year amid continued pressure on the high street—a drop from 2023 figures and the second fewest closures in a decade, PwC data show.
Closures were only lower in 2022.
A total of 12,804 shops and outlets belonging to multiples and chains exited UK high streets, shopping centres and retail parks last year.
New openings were also a bit lower than in 2023.
