Oxford Street retail void rates remain at 17% despite reopenings

Oxford Street retail void rates

Oxford Street retail void rates have reportedly risen to 17 per cent due to the increase in online shopping as well as the fallout from the Covid-19 pandemic.

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Get ahead of your competition: Luxury Sector 2022 Report

The trend is clear: online is set to become the leading channel for luxury purchases by 2025. Online shopping for luxury goods increased in value by 50% and nearly...