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Evening Standard
Evening Standard
Business
Joanna Hodgson

Lowest rate of store closures since 2014 as post-Covid physical retail recovery picks up

London PwC

Stores are closing at their slowest rate since 2014 as the post-pandemic bricks and mortar retail recovery picks up, a study has found.

Accountancy firm PwC also calculated that net closures are at their lowest level in five years, and pointed to strong performances in retail parks in the research it compiled with the Local Data Company.

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