01 / Pressures

Media reports of the demise of the UK’s retail centres – both high streets and out-of-town shopping centres – have increased in the past few years. But is this an accurate picture? Retail spending has recalibrated back to its 2% year-on-year growth level, last seen about four years ago. While online sales have increased rapidly in recent years, the Office for National Statistics recently revealed that sales at bricks-and-mortar outlets still account for nearly 82% of all sales in this country. 

Despite that, pressure on bricks-and-mortar retail is intense, for five reasons.

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