Mobile retail to replace high street
Up to 30 per cent of the UK’s retail space could become obsolete in the next decade, as more shoppers rely on internet and mobile shopping to make their purchases, according to Jones Lang LaSalle. Massive out-of-town locations for “click and collect” services will start to replace high streets, the real estate firm predicted at a conference yesterday. The British Council of Shopping Centres expects up to 14 per cent of high street shops to be empty next year, up from six per cent before the downturn.