Nearly 50 chain stores per day closed their doors for good in the first half of the year, a study finds.
But the rate of closures slowed compared with the first six months of 2020, a survey by the Local Data Company for accountancy firm PwC found. Lisa Hooker, leader of industry for consumer markets at PwC, said state support — such as the furlough scheme, business rates relief and pandemic support loans — had been a ‘lifeline’ that helped many operators stay afloat.
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