Banks, chemists and pubs lead High Street closures

Published On Sep 11, 2024, 7:05 PM

Britain's High Streets are struggling, with nearly 7,000 shops closing in the first half of 2024, translating to 38 closures daily. Pharmacies, pubs, and banks account for half of these closures, while new store openings have not been sufficient to offset the losses, resulting in a net decrease of 12 stores per day. The shift towards online services and the preference for retail parks are impacting the traditional shopping landscape, pushing local businesses to adapt or risk closure, as seen with the challenges faced by shop owners like Maureen Brewster, whose bank closure affected her sales potential.