Almost one high street store a day closing in East Mids
Derby, Nottingham and Market Harborough have seen the highest net reductions in retail stores closing in the East Midlands, according to a new report.
Research conducted for PwC by the Local Data Company (LDC) showed that in 2016, 353 outlets closed across the East Midlands, a rate of almost one a day, compared to 289 openings, equating to a net reduction of 64 shops.
Despite economic uncertainty surrounding the Brexit vote, this compares to 350 outlet closures and 285 openings in 2015, a net reduction of -65 shops.
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