Stores Closing In 2024 Canada Uk. An average of 39 chain brands shut down sites daily, while 25 new stores opened, which led to a total of 14,081 store closures for 2023. Debenhams has announced it will shut its remaining stores by 15 may, closing the door on more than 200 years of trade on uk high streets.

Administrators from teneo have announced plans to close all of the brand’s uk stores within the next three weeks. The retail sector in canada continues to face challenges as it embarks on a new year.