Number of shops in UK will fall by 22% to 220,000 in 2018

The total number of shops in the UK will fall by 22 per cent to 220,000 in 2018, according to a new report published by the Centre for Retail Research. The report said that the share of online retail sales was forecast to rise from 12.7 per cent in 2012 to 21.5 per cent in 2018 and involve the loss of around 316,000 jobs.

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