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A retail reckoning for the UK's high streets

Insights

• Centre for Retail Research forecasts **** store closures in 2025.
• Job losses may soon surpass those seen during the pandemic.
• Discount retailers are no longer immune to the pressure.
• Leases no longer reflect the realities of footfall and deeper structural problems remain unaddressed.
• Without urgent reform, the closures risk triggering a lasting structural reset for UK retail and communities.