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Which is what's happening all over the retail world. Retail landlords in non-prime sites have to realise that their yields have just gone through the floor for retail. Except coffee shops.
Brommers-
This!
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Although isn’t an additional problem that landlords aren’t often that any more. They are landowners, often funds lent to by insurers and pension funds.
On a side note independent shops need to diversify. I have no idea how they are doing or how the Giant element plays here but the Cadence (in Crystal Palace) model seems more viable. A cycle centre which includes yoga, spin classes, cafe, fitness testing, bike and parts retail, servicing, club, foreign travel.
coventry_eagle
GoatandTricycle
This is what I've been told, either lower the rents for our stores, or we close the store then you'll be out till you find someone to fill.