Quarter of shop space in England and Wales lost after 2008 crash
by Jasper Jolly from on (#447MR)
Amount of space fell in all but five local authorities between 2008 and 2015, study finds
More than a quarter of all retail floor space in England and Wales disappeared in the aftermath of the 2008 financial crisis, research has shown, as the industry struggled with the shift to online purchases.
The amount of shop space fell in all but five of 348 local authorities analysed in the study by academics at Northumbria University, Newcastle.
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