Dr Steve Musson comments on recent high street failures on BBC News

SteveMusson_0680-wDr Steve Musson appeared on the BBC News Channel on Wednesday 16 January 2013, commenting on the recent wave of high street retailers entering administration. His analysis was also reported on BBC News Online, the Daily Mail, This is Money and other online technology sites.

Steve said: “The retail businesses that we have seen going into administration since Christmas have a lot in common – they have large numbers of stores, and have struggled to adapt to changing retail habits. Rents for retail businesses are usually payable quarterly, with many landlords most recently asking for payment on Christmas Day, which is why we often see retail failures coming in clusters.”

Link to BBC News Online story

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