Credit crunch overtakes online retailing as main worry for retailers
Tuesday, September 30th, 2008
Retailers are most worried about the credit crunch and the growth of online retailing, according to a new survey. Property consultancy Hartnell Taylor Cook LLP found that 65 per cent of retailers fear the effects for the next nine to 12 months on business of the credit crunch, with 59 per cent citing the growth of online retailing, and 42 per cent naming additional retail space coming on to the market as their concern.
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