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Tue 12 Dec 2009How retail's big players are colonising the world
HOWEVER NICE the architectural packaging, the tenant line-up in shopping centres and retail thoroughfares increasingly tends to be described as “generic”.
The critics have a point. At a time when indigenous retailers are struggling with upward-only rent reviews and often high local authority costs, the giant multi-brand owning fashion conglomerates have the economies of scale to absorb the costs, pounce on vacant units and emerge with even more stores than before.
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