In the midst of a relentless struggle against the twin pressures of escalating inflation and the cost of living crisis, the United Kingdom has witnessed the closure of nearly 2,000 independent stores in the first half of this year. This disheartening surge in vacant spaces marks an alarming reversal of fortune for small businesses, which had previo...
- | Business
Independent Stores Across the UK Face Growing Challenges Amidst Rising Vacancies
Nearly 2,000 independent stores, once vibrant beacons of local commerce, now stand empty as small businesses grapple with surging inflation and a challenging cost-of-living crisis
Alice Weil
Features Editor at The Executive Magazine