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The Guardian - UK
The Guardian - UK
Business
Sarah Butler

Nearly 5,000 UK chain stores closed last year at rate of 14 a day

Man walks past closed Wilko store.
The cut-price chain Wilko closed all 400 of its stores after it fell into administration last August. Photograph: Yui Mok/PA

Almost 5,000 more chain stores were left empty last year – a rate of about 14 closures a day – as high streets were hurt by the failure of Wilko and the retreat of banks and pubs.

Pharmacies were the biggest loser with 787 chain outlets disappearing – although many of these were Lloyds outlets which were taken over by independents.

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