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"...Mike Jervis said retailers that failed last year had over burdensome property estates and not enough focus on multichannel"

I think this is good point; over-extended retailers out of touch with modern retailing are always going to struggle.

But I think all sorts of factors contribute to whether a store in the estate is a burden to the whole group and ever-higher occupancy costs seem to play a significant a role in making property estates “burdensome” over time.