"Half of all high street chains in Britain are at 'serious risk of failure' a major report on the future of British retailing will claim this week"
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| Link to web site |
"Bill Grimsey, the former chief executive of Wickes and Iceland, will release the report on Wednesday and say that Britain’s high streets are in a 'deep decline' and there is an 'arms race for new ideas'. However he says that there is a 'frustrating sense of policy being conducted in the margins'.
"Mr Grimsey will say that previous initiatives such as Mary Portas’s government-backed review into the high street were too 'nostalgic' and failed to grasp the extent to which the internet has changed shopping patterns."
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| Independent on Sunday "The high street of the future is like nothing we know" |
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