Tuesday 10 July 2018 9:42 am
Why pockets of retailers are thriving in London
What is city talk?
The obituary of high street retail, according to the press, has been written. Physical stores are closing at a rapid rate. We don’t think this tells the whole story.The daily announcements of retailer bankruptcies points to an ever-decreasing pool of occupiers. However, we argue that the pendulum of pessimism in investment markets often swings too far.We at Global Cities argue that for differentiated retailers in excellent city locations, physical stores do have a future.