There’s a lot of life left in the high street
Analysts point out that all traditional retailers have been struggling in the face of rising costs, cautious shoppers and the relentless growth of online competition. The beginning of the year saw the first January drop in consumer spending since 2013 and a four per cent fall in spending on the high street, as many shoppers cut back.
And yet new shopping centres continue to be built, new stores continue to open.
The devil may be in the detail….