Tuesday, March 19, 2019

Going Out of Business Is Hottest Trend in U.K. Shopping - Bloomberg

Going Out of Business Is Hottest Trend in U.K. Shopping - Bloomberg



...High rents and property taxes are making it difficult for companies to keep stores open, and closings now outnumber openings. Once buzzing town centers are emptying out as shutters are drawn.

Online Dominates

Britain is in the global vanguard of online sales
With 17 percent of retail sales occurring online, Britain is well ahead of the U.S. and other European countries. (23% China, 13.7 US)

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