Retailers

Retailers exit high street with over 10,000 shops closed in 2023

At least 11 brands are closing some of their shops as retailers continue to leave the high street. The Centre for Retail Research reports that nearly 10,500 shops shut in 2023, resulting in 119,000 job losses. In the first half of 2024, 1,846 shops closed, leading to 23,982 job losses. This month, several notable closures are happening. A shoe brand…