Marks & Spencer, House of Fraser and Homebase are among the businesses shutting locations down this month as store closures continue throughout the UK. British high streets continue to face significant challenges, with new data revealing shops are closing at an alarming rate of 38 per day. A recent report by PwC shows that 6,945 shops closed their doors in the first half of this year. This marks a slight increase from the same period last year, which saw 36 daily closures. The decline in physical retail presence directly reflects changing consumer behaviour, with PwC noting that store closures…
