Retail: Last year saw a big jump in the number of shops closing


The number of stores closing because a parent chain with more than 10 stores went under, actually fell, the CRR said. Closures in that category were 56% lower in 2022 than in 2021, but included some high profile names, including M&Co, Joules, McColls, Sofa Workshop and TM Lewin.

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