There has been a great deal of speculation in the National media about the continued pressure on traditional retail. The source of the latest comment is the Springboard forecast issued, I believe, yesterday. I am attaching the short 3 page summary, for those who don’t use the Springboard footfall system within their destinations or who for other reasons might not have seen the base document or other summary detail:
Clearly the Christmas period is a critical time for many in bricks and mortar based retail. Poor performance at this time of year can lead directly to a rash of closures post-Christmas when typically some of the biggest annual bills need to be settled. This forecast adds to a raft of other concerns relating to maintenance of the urban destination product and the quality of place that underpins it.