#business-closures

#business-closures

The cycling industry is experiencing contraction after a pandemic-related sales surge, leading to closures of several longtime bike shops.

May 1st in France sees many businesses closed, urging residents to prepare in advance for the holiday.

The West Midlands has the highest rate of business closures in the UK, significantly affected by economic pressures.

Multiple companies, including Boots and Carpetright, have entered administration this year, impacting stores in Sutton and affecting local economies.

Many businesses shut down in Havering and Brentwood in 2024 due to rising costs of living.

Universal CityWalk has seen multiple closures, including the recent departure of Mini Monster, due to unsuccessful lease negotiations and rising commercial rents.

Many breweries are closing due to drastic rent increases post-COVID, ending the previously amicable landlord relationships.