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A Shopping Mall Near Edinburgh Sold for Less Than a London Flat

What are the pains and actions brands across the industry are taking to try and become consumer-led? Join our webinar "Consumer-Led Retail: Optimizing Assortments at Speed" Sept 28th, featuring experts from MakerSights and DTC brand Taylor Stitch.

A shopping mall near Edinburgh was sold at auction for just 310,000 pounds ($403,000), underscoring the perilous state of a retail industry that’s being devoured by online commerce. That’s a quarter less than the cost of the average London apartment. The price is also barely double what the shopping center currently generates in rent, meaning…

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