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The growth in ecommerce, the much-discussed high rents and business rates, combined with lower high street and retail park footfall and rising wage costs have created the perfect storm in our industry – one that is proving very challenging to weather.
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.Read the report