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What the City makes of WHSmith’s capital raise
WHSmith’s travails seem to be going from bad to worse, with the retailer issuing another profit warning today and launching an (ultimately successful) c.£100m capital raise.
What will retail property look like in 2030?
Declining footfall, spiralling business rates and the unstoppable growth of ecommerce have put the UK’s high streets and shopping centres in crisis.
We’re now at a tipping point and dramatic change needs to happen to prevent some town centres becoming ghost towns.
In this long read, we set out a vision of what retail property will look like in 2030.
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