Firms
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Labour market
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Productivity & industrial strategy
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Economic growth

Sorry, we’re closed: Understanding the impact of retail’s decline on people and places

Headlines about shop closures might give the impression that retail’s decline is a relatively recent phenomenon, but in fact retail’s share of employment has been falling for the past 15 years. This report digs behind this long-run trend, driven by changes in what we spend and how we spend it, and focuses in on what really matters when it comes to economic change: people and places.