The changing face of retail: Are spaces flexible enough for the Digital Age?
Cushman & Wakefield Global Real Estate
We all know it remains tough in the retail sector. You only have to look this year in the direction of Jones Bootmaker, Agent Provocateur, Jaeger and Kit and Ace. There is also long-term concern for the probable downward turn in retail employment arising from many occupiers requiring fewer physical stores, and with increased automation in store and in the logistics chain. Dr. Carl Frey of Oxford University, an expert in automation, suggests that 80% of retail jobs will disappear permanently. The…
