With the number of collapses and CVAs likely to increase, what can be done to survive the retail apocalypse?
It is a trend that shows no sign of abating. In October, the month that historically kicks off the sector’s golden quarter when retailers earn the bulk of their annual profits, UK retail sales only increased by 0.1% on a like-for-like basis compared with October 2017.
Analysts think it’s only a matter of time before the sector sees further casualties. So which retailers are more likely to feel the pinch and what can landlords do to protect themselves from the fallout?
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