Dundee, Tayside, Scotland, UK, 21st August, 2015. Recession. Economic struggle in Dundee: More shops have closed this year in Dundee than in any other major city in Scotland due to high Council Tax, High Rent and online shopping. The latest figures show that the City of Discovery has lost more than one retailer a month since January this year. Closure of the Robertson`s House Furnishers along Barrack Street in Dundee. Credit: Dundee Photographics / Alamy Live News
The new PWC study shows that, across Scotland, coffee shops, banks, estate agents, sports shops, convenience and discount stores were among those opening the most branches during the first half of 2014 doubling in 2015. The hardest hit were clothing retailers, mobile phone shops, pawnbrokers, jewellers, building societies and small family businesses. The large supermarkets like Morrisons, Asda and Tesco are even reducing their prices to compete with the online stores, high cost of living and low wages. Closure of Robertson`s House Furnishers along Barrack Street in Dundee.
Size: 3888px × 2592px
Location: Dundee, Angus, Tayside, Scotland, United Kingdom
Photo credit: © Dundee Photographics / Alamy / Afripics
License: Licensed
Model Released: No
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