Task 1 The graph below shows the number of shops that closed and the number of new shops that opened in one country between 2011 and 2018. Summarise the information by selecting and reporting the main features, and make comparisons where relevant.

Task 1

The graph below shows the number of shops that closed and the number of new shops that opened in one country between 2011 and 2018.

Summarise the information by selecting and reporting the main features, and make comparisons where relevant.
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The line chart depicts the total openings and closures of shops in a country between 2011 and 2018.
overall
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, it can be seen that both closed and new shops showed a downward trend
while
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the biggest substantial decline was experienced by the new shop during the period. In 2011, there were around 8500 new stores in the country, showing a higher than closed shop. After that, it experienced a significant slump one year later, a decrease of more than doubled presented a gradual increase reached roughly 6000 two years later.
Furthermore
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,
although
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experienced a downturn in 2015 at about 4000, it represented small positive progress until 2017, whilst levelling off approximately at 3000 new markets, representing a dramatic change over 8 years. In line with
this
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, the country experienced more than 6000 trades closed in 2011. Yet, was provided with a lower amount than the openings and illustrated a fluctuation varies, it achieved its peak of just over 7000 closures.
Moreover
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, In 2014, the number of closings experienced a steady drop, until established a tremendous fall, just under 1000 in 2015 and climbed to more than 5000, followed by a slight fluctuation transformation until 2018.
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Topic Vocabulary:
  • retail landscape
  • net growth
  • market dynamics
  • economic indicators
  • fluctuations
  • pivotal
  • consumption patterns
  • e-commerce
  • brick-and-mortar
  • downward/upward trend
  • stabilize
  • recession
  • boom
  • retail sector
  • closure rate
  • inauguration/opening rate
  • consumer market
  • saturate
  • commercial viability
  • profitability
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