The Changing Landscape of Shops: A Look at Closures and Openings in One Country from 2011 to 2018
The graph provided illustrates the number of shop closures and openings in one country between 2011 and 2018. Overall, it is evident that there was a fluctuating trend in the number of shops, with closures outnumbering openings in most years. In 2011, the number of shop closures stood at around 500, while the number of new shop openings was slightly lower, at approximately 400. Over the next two years, both closures and openings experienced a slight increase, with closures peaking at around 600 in 2013 and openings reaching a high of 500 in the same year. From 2014 to 2016, there was a significant decline in the number of shop closures, dropping to around 300 in 2016. However, the number of new shop openings remained relatively stable during this period, ranging from 400 to 450. In 2017, there was a notable increase in both closures and openings, with closures surpassing 500 and openings reaching around 550. This trend continued in 2018, with closures reaching their highest point at approximately 700 and openings peaking at around 600. In conclusion, the graph highlights the dynamic nature of the shop industry in the given country. While there were fluctuations in the number of closures and openings throughout the years, closures generally outnumbered openings. This data suggests that the shop industry in this country experienced challenges and changes during the period from 2011 to 2018.