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Insider UK
Insider UK
Business
Peter A Walker

Store closures accelerate across Scotland, with 1,400 shutting last year

More than four shops a day disappeared from Scotland’s main retail locations in 2021, with shopping centres being proportionally hardest hit.

New research from PwC and the Local Data Company suggests that the rate of closures accelerated as government support through the pandemic was wound down.

Over the course of 2021, a total of 1,424 chain shops were closed in Scotland, with 673 opening, giving a net loss of 751.

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