Article 4Q2EW Retailers call for action as high street store closures soar

Retailers call for action as high street store closures soar

by
Sarah Butler
from Economics | The Guardian on (#4Q2EW)

Government urged to step in over crisis that has cost tens of thousands of jobs

Retailers and unions are calling for urgent government action to help struggling high streets as new data shows the number of shops, pubs and restaurants lying empty is rising at the fastest pace in nearly a decade.

About 16 stores closed their doors every day in the first half of 2019 while only nine opened, resulting in a net decline of 1,234 chain stores on Britain's top 500 high streets according to analysis by PricewaterhouseCoopers (PwC) and high street analysts the Local Data Company (LDC).

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