Fashion, home and non-food retailers have lost £9bn in sales so far this year, which could lead to one in 10 stores never being used to sell goods again, a new report has found.
Read the full article on the ITV website
NAM Implications:
- At least!
- Double whammy of online (but unprofitable) growth…
- …combined with a fall-off in custom in City centre locations (home-working)…
- …means reduced profitability, especially in marginal stores, makes permanent closure/repurposing inevitable.
