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Wilko And Other Closures Leave 5,000 Fewer Stores

There was a rise in new outlets opened by UK chains last year, dominated by coffee drive-throughs, bubble tea shops and fast food restaurants, mostly located outside city centres.

But they were not enough to outweigh the places where chains shut up shop, new figures show.

High-profile failures at Wilko, LloydsPharmacy and Paperchase mean, in total, there were more closures than openings. The result was a net decrease of 5,000 in stores across the UK.

Read the full article on the BBC website