Retail closures in the West Midlands were the highest of any British region last year despite the actual rate of shutdowns being its lowest since 2018.
New analysis published by financial services firm PwC and researcher Local Data Company suggests the region was the part of the country most impacted by store closures in 2022, followed by Greater London and Yorkshire and Humber in third.
Last year, 1,024 shops in the West Midlands closed while 596 new ones opened, creating a net closure of 428 shops.
