Tuesday, January 26, 2010

Sign of the times

Walking between Marylebone and Baker Street stations are two blocks of small shops.

Out of ten shops on one of the blocks, three have recently closed.

It may well be a particularly greedy landlord. In a way, I hope that is the case. Otherwise a 30% closure rate in the space of a month would seem to confirm that the retail sector is currently suffering a nightmare.

Unless that is you are one of the large supermarket chains.

Obviously, we want to live in a world where we are forced to shop at one of the large supermarkets. Naturally, life would be better without local independent shops and speciality retailers.

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