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.

The line chart illustrates the number of store openings and closures in a specific country from 2011 to 2018. Over the course of 8 years, the number of shops opened and closed showed a highly fluctuating trend. The openings

initially

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peaked in 2011 and consistently declined in the later years.

In contrast

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, the out-of-business store gradually increased despite witnessing a significant drop in 2015. In 2011, the number of openings peaked at around 9000 stores.

However

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, it

then

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continued to decrease in the upcoming periods

with

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, with

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a notable decline occurring in 2012 and 2015, falling to 4000 shops in the two periods. By 2018, the establishment of new stores recorded an all-time low with just 3000 shops.

On the other hand

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, 6000 retail stores were shut down in 2011

and

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, and

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the closure continued to rise in the later years before sharply dropping in 2015, with just below 1000. The closures consistently rose to over 5000 retailers by 2018