Retail's big property gamble

Retail's big property gamble

Look at the recent slew of Christmas updates from Britain’s retailers and some clear themes emerge. Consumers are under pressure from rising inflation, online shopping is only growing in popularity and UK high streets look ever more like the desolate wastelands of the once-prized retail giants. Two of the big casualties over the festive period, Marks and Spencer (MKS) and Debenhams (DEB), were once the centre of British shopping culture and universally recognised as homes to a veritable hive of reliable brands and products. But no more.

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