There were fresh fears for the high street today in the lead-up to Christmas as some of the country’s best-known retailers warning of shop closures, slowing growth and weaker customer sentiment.
WH Smith's larger travel arm delivered strong profit growth again but it hinted at store closures on the high street as it noted that 480 of its leases are set to expire in the next three years and that ”we only renew a lease where we are confident of delivering economic value”.
