On The Rocks
OC&C's State of Retail 2009
Whitewashed shop windows, shutters long pulled down, a Woolies strip-lit and bare, graffiti everywhere - the toll of the recession is obvious in town centers and suburban shopping arcades up and down the country. But the wipeout that many expected hasn't happened.
Instead of a recessionary explosion laying waste to retailers, the effect of the downturn has been more insidious ...