According to ATCM studies, if the current highstreet decline continues almost a third of UK high streets will be standing empty in two years' time. So say studies carried out by Department of Businesses and Innovation.
Mary Portas, star of shows such as Mary Queen of Shops and Mary Queen of Frocks, has been asked to advise Government to advise on issues such as how to address the problem of vacant shops, prevent the proliferation of ‘clone towns’, and how to increase the number of small and independent retailers in local town centres.
Ms Portas is expected to finish her investigations by the end of the year and reported to Government on Tuesday 13 December.
Findings from two HTF/EH workshops attended by a wide range of property professionals, retail practitioners and partnership organisations fed into the report.
The Portas Review was published on 13 December. The Department for Business, Innovation and Skills (BIS) has announced that the Government will respond to the review in the Spring. For inclusion in the ATCM offical position please read the review and send your comments to Ojay.McDonald@atcm.org
An HTF conference on this subject will take place on 23 March. Register your interest.