How many shops close every day in the UK?

British businesses are under such strain that around 50,000 are on the brink of collapse according to a recent report. Retail is an especially vulnerable sector, with predictions that over 17,300 shops will close this year, costing 200,000 jobs. Last year, the equivalent of 38 shops closed every day.

How many shops have closed in the UK?

Almost 13,500 retail stores closed for good in the last 12 months, a rise of 28% on 2023 – although the losses were below the levels seen each year between 2019 and 2022, according to provisional figures compiled by the Centre for Retail Research.

How many shops close every day?

A total of 6,945 stores have closed so far in 2024, which is the equivalent of 38 shops per day. However, if you take into account new store openings, there's only a net closure of 12 stores a day, which is slightly higher than the same period last year.

Why are so many shops closing in the UK?

In 2024 alone, 12,804 chain stores closed their doors, approximately 35 every day, according to PwC data. But that headline figure masks the real pressure points. Soaring costs, poor policy decisions, and hidden financial drains are steadily eating away at the retail business model.

Why do UK shops close at 4 on Sunday?

Following the defeat of the Shops Bill 1986, which would have enabled widespread Sunday trading, compromise legislation was introduced in July 1994 in England and Wales, coming into force on 26 August 1994, allowing shops to open, but restricting opening times of larger stores i.e. those over 280 m² (3,000 sq ft) to a ...

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Why aren't supermarkets 24 hours anymore?

There are several reasons fueling the move away from 24-hour operations. Businesses have been grappling with the cost of labor, rent and food supplies. Although the economy has cooled down, the annual inflation rate reached a peak of 9.1% in 2022 – the highest level in 40 years.

Which countries work on Sunday?

Notable mention of countries that has Sunday as its workday include: Afghanistan (Sunday–Thursday), Algeria (Sunday–Thursday), Bahrain (Sunday-Thursday), Egypt (Sunday–Thursday), Iraq (Sunday–Thursday), Jordan (Sunday–Thursday), Kuwait (Sunday–Thursday), Libya (Sunday–Thursday), Maldives(Sunday–Thursday), Nepal (Sunday ...

Why is the UK high street dying?

Falling footfall and high business rates are just some of the reasons cited for this decline. Those surveyed shared some of the key challenges leading to high street businesses closing: soaring costs of running a business (52 per cent) reduced consumer spending (29 per cent)

Is retail struggling in the UK?

Impact of the pandemic on retail sales

Since August 2022, retail sales have generally fallen back below pre-pandemic levels, with the exception of sales in household goods stores, which have remained above pre-pandemic levels.

Why are so many pubs closing in the UK?

"People are spending less, whether it's a health reason or people are generally spending less when they go out, they may be pre-drinking, but I think there is definitely a change in people's behaviours."

How many pubs are closing a day in the UK?

Britain is facing the prospect of a pub closing every single day in 2025, with industry figures from the British Beer and Pub Association (BBPA) revealing that 378 closures are expected across England, Wales and Scotland.

Why can't shops open before 10 on a Sunday?

Several large retailers challenged the legal ruling in force, with some opening on Sundays from Christmas 1991 onwards This led to the Sunday Trading Act 1994 permitted "large shops" – those with a "relevant floor area" in excess of 280 m² (3,000 sq ft) – to open for up to six hours on Sunday between the hours of 10 am ...

How many shops disappeared from the high street last year?

More than 17,500 chain store outlets disappeared from Britain's high streets, retail parks and shopping centres in 2020, as a result of the Covid-19 pandemic. The lockdowns caused average daily closures of 48 shops, restaurants, hospitality and leisure venues.

How many shops close a day?

A total of 12,804 shops and outlets belonging to multiples and chains (those with five or more outlets) exited UK high streets, shopping centres and retail parks in 2024. This is equivalent to 35 closures per day, a decrease from last year and the second fewest closures in a decade – closures were only lower in 2022.

Is WHSmith closing down?

Most recently, it was revealed that the brand would soon disappear from UK high streets, selling off branches so that it can focus on its shops in airports and train stations. Eventually all high-street WH Smiths will rebrand, but in the meantime some are closing.

What shops are closing down in 2025?

What is the future of retail in 2025?

Retailers appear focused on three areas in 2025 to help create more profitable transactions while enhancing customer personalization: expanding in-house delivery services, shoppable media, and enhanced physical stores.

Why is retail so tiring?

Retail employees often work long hours, including weekends, evenings, and holidays. Long work hours and unpredictable schedules can disrupt their work-life balance and lead to mental fatigue.

Why is the UK declining so much?

Since before the Great Recession, the UK has had lower levels of investment than many similar countries, such as France and Germany. After the Great Recession, investment fell heavily in the UK, as businesses couldn't afford to invest as much, and the government chose not to due to the growing deficit.

Why are so many shops closing?

The leading UK high street clothing retailer has blamed increased employment costs and more people shopping online for its dramatic restructure. The Centre for Retail Research predicts there will be 7,000 retail site closures this year, and it has estimated there were 170,000 retail jobs lost in 2024.

Where is Britain's best high street?

1. Shrewsbury, Shropshire. With its meandering streets and blush-sandstone castle wrapped in a loop of the Severn, Shropshire's compact county town is ideal for wandering and window shopping. The covered market was voted the country's best in 2024.

Which religion does not work on Sunday?

A day of rest is observed in Judaism (Shabbat) (Saturday), Islam (the day of congregational Friday prayer), and Christianity (Sunday).

Who invented the 5 day work week?

In 1926, Henry Ford standardized on a five-day workweek, instead of the prevalent six days, without reducing employees' pay.

Do Muslims work on Saturday?

Countries With Thursday and Friday Weekends

Thursday and Friday weekends were once commonplace in predominantly Muslim. However, many Muslim-majority Middle Eastern countries have, in recent years, transitioned to a Friday and Saturday weekend.