A reshaping of town centres

As businesses are forced to change with adapting consumer behaviours, many highstreet large-chain operators have either ceased entirely or re-sited locations. With vacant sites becoming more accessible, what class of businesses can we expect to fill them?

“The last two years have been tumultuous for retailers but the closures we’ve seen are an acceleration of what was happening before the pandemic,” says Lisa Hooker, consumer markets lead at PwC. The accounting firm recently published a report monitoring the openings and closures of large-chain highstreet operators.

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