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All empires crumble, all eras come to an end. Is the coronavirus pandemic the extinction event that wipes out many local shopping centres?
In some cases, it may just be the proverbial straw that broke the camel's back. A consensus is emerging that, whilst some shopping centres won't survive, the valuable town centre sites they occupy will be redeveloped rapidly, if local councils are prepared to support development.
Bisnow finds the silver lining in today's retail cloud.
UK retail, and the shopping centres and town centres that house it, was already in a tough spot going into 2020, but the novel coronavirus outbreak has been catastrophic. The government has ordered all retailers apart from those selling essential goods like food or medical supplies to close. One retailer…
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