Monday 15 January 2018 6.52pm
"When Centre owners put the rents up shopkeepers can't afford them and move out."
I think you'll find this is down to a poor business model i.e. too few customers not buying enough goods to cover basic business costs such as rent and wages. Simple economics in my view.
Which raises a couple of questions in my mind:
Is a developer responsible for subsidising the shopping centre businesses who are failing?
What is the relocation plan for the larger businesses - Tesco, WH Smith, Iceland?
I'm also not sure if the posters above are talking about the proposed Perronet House
shops, or Delancey's proposed 'town centre'?