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A mixed bag for high street retailers

21 February 2012

A survey from PricewaterhouseCoopers has revealed that there were more retail openings than closures in the West Midlands in 2011. This growth is from charity shops, pawnbrokers and supermarkets.

Recently, we highlighted that some landlords are paying charities to take on empty units to avoid rates.

Whilst news that the West Midlands seems to be holding its own is heartening in this difficult climate, the survey makes it clear that retailers are having to rethink their strategies and that some retailers are faring better than others.

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