A wave of closures by chemist, pub and bank chains led to almost 2,300 more empty stores on high streets, shopping centres and retail parks in Great Britain in the first half of this year, according to new research by Green Street for the advisory firm PwC.
Chain stores were shuttered at a net rate of 12 a day, with the three services accounting for half of those closures.
Read the full article on The Guardian website
NAM Implications:
- “High streets have got to evolve” – Says it all…
- Or ‘To stay the same, everything has to change’ (Lampedusa: The Leopard)
- If consumers want the High Street to remain unchanged despite changing demand arising from evolving economic pressures…
- …then the businesses will have to be subsidised by the government (taxpayer).
- Breath-holding is not advised…
