Quote: King Street Cat "If/when the likes of Marks & Spencer and Debenhams finally turn off their life support machines there will be holes in city centres akin to the blitz bombings. Nobody will ever take over retail spaces that big again. The huge BHS in Wakefield has been stood empty for years. It's a symbol of a failed retail model and the financial mismanagement that goes with it.'"
Landlords are suffering too, especially with tenants such as well known restaurants chains and coffee shops as tenants and especially if they (the landlords) have bank loans. Chains seem to be just saying to landlords, at least the smaller ones, they are not going to pay their rent for months.