You are reading a single comment by @ChasnotRobert and its replies. Click here to read the full conversation.
  • There’s a lot of unseen forces that we don’t know about making it harder for the high street; stuff like the internet shopping boom is just part of it.

    For instance, most high street premises are now owned by big banks and property management companies, who have a duty to return value to their business owners/shareholders; in the UK this is regarded as meaning that leasing a property to a non-chain organisation (like a non-profit) is bad, because they don’t have the legs to keep going. And when/if they stop trading they will also have debts, so it’s now generally harder to rent a shop premises if your name isn’t ‘topshop’ or whatever.

  • Although that rationale doesn't seem so strong when recent history is littered with established retailers either going bust or being bought in distress by venture capitalists / Mike Ashley whose main MO is to screw landlords and creditors.

About