The collapse of the Debenhams and Arcadia retail empires is likely to leave large gaps in High Streets and shopping centres up and down the UK.
If history is a guide, it may be years until some of these shops reopen, while many never will.
Read the full article on the BBC website
NAM Implications:
- A glance at the occupancy diagram in this insightful BBC article will show that Britain is significantly over-shopped.
- The trend to online is permanent, all at the expense of bricks & mortar outlets.
- Vacant shops need repurposing (as domestic accommodation) rather than attempting to revive…
- All else is detail…
