Times are tough for a number of high street retailers, even if they are one of the big names. The continued dominance of Amazon and the emergence of a number of budget online retailers has made things difficult for a number of stores. But three types of shop haven’t found it too tough, according to new data released today. Chicken shops , pet shops and gyms saw more openings than closures in the last six months. The new data, from accountancy giant PwC and the Local Data Company, uncovered that a net 1,234 chain stores closed in the first half of 2019. A total of 2,868 stores closed over the period, with 1,634 stores opening. During that time, several retailers sought to close stores or reduce rents through insolvency processes known as company voluntary agreements (CVAs), including Arcadia and Debenhams. Other retailers, such as LK Bennett, Pretty Green and Coast , went bust. poll loading Which one is your favourite? 0+ VOTES SO FAR Gym Chicken shop Pet shop But researchers uncovered that takeaways, and chicken shops in particular, have been opening in significant numbers, with independent businessmen and women keen to fill vacant high street space. Kien Tan, a… Read full this story
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