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Family-run businesses close at alarming rate in Spain's capital

Summary by The Local - Es
Traditional, locally-owned shops and businesses in Madrid are closing at a worrying rate, with over 7,000 disappearing from the high street in the last year alone. The Spanish capital is losing the essence of its 'barrios' to rampant gentrification.

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The Local - EsThe Local - Es
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Family-run businesses close at alarming rate in Spain's capital

Traditional, locally-owned shops and businesses in Madrid are closing at a worrying rate, with over 7,000 disappearing from the high street in the last year alone. The Spanish capital is losing the essence of its 'barrios' to rampant gentrification.

·Spain
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  • 100% of the sources lean Left
100% Left
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The Local - Es broke the news in Spain on Tuesday, July 1, 2025.
Sources are mostly out of (0)
Stories disproportionately reported by the Left or the Right

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