More Shops Closing Than Opening

The video discusses the increasing number of shop closures on Britain's high streets, particularly in areas like Greater Manchester and Nottingham, due to high business rates and the rise of online shopping. Efforts by retailers to revitalize these areas have seen limited success. The video highlights the regional impact, with the north of England, Scotland, and London being worst affected. It also explores the dynamics between landlords and tenants, with some landlords reducing rents to help struggling businesses. The future of retail in towns like Altering is uncertain, with high business rates being a key factor in retailers' decisions to stay or leave.

What is one of the main reasons for the increase in empty shops on Britain's high streets?

• High business rates

• Increase in physical store popularity

• Low rental costs

• Decrease in online shopping

How did Virginia Valentine adapt her business model due to high rates?

• She moved her business online

• She opened more physical stores

• She partnered with other retailers

• She increased her product prices

Which city is mentioned as having the highest percentage of empty shops?

• Cambridge

• London

• Nottingham

• Manchester

What action has landlord Mark Rubin taken to support his tenants?

• Increased the rent

• Reduced the rent

• Provided financial loans

• Offered free advertising

What is considered a key factor in whether retailers decide to stay or leave?

• Type of products sold

• Business rates

• Number of employees

• Location of the shop