Store closures hit record levels as 11,000 shut in first half of 2020

closed stores high street

A record number of stores closed during the first half of 2020 as the coronavirus crisis hammered high streets, shopping centres and retail parks across the UK.

A total of 11,120 shops operated by chains shut their doors for good between January and June, with just 5,119 opening. 

That left net store closures of 6,001 – up 71% compared with the same period last year, when a net 3,509 store closures were recorded. 

The figures, revealed by the Local Data Company and advisory firm PwC, suggested that an average of more than 60 stores closed per day across England, Scotland and Wales, while 28 were opened every 24 hours.  

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