Falling vacancy rates are yet another beam of light
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Rather excitingly, this week brought the news that high street retail vacancy rates are at their lowest since June 2010 – right at the height of the recession.
As I have said before on this blog (enough times on this blog to be accused of sounding like a broken record), it is edifying to write for a trade magazine at exactly the time when the frequency of positive economic news increases. And this is no exception: we should celebrate yet another metric for the performance of Britain’s retail sector is showing signs of life.
It surely can’t be long before very real uplifts in sales are felt throughout the country, if the trade bodies are saying our high streets have higher occupancy rates today than they have had at any time in the last three tough years.
If International Jewellery London impresses the industry with a decent turnout of buyers, there is a chance that the jewellery fraternity will find itself sailing rather more happily into the coming Christmas period than the last.
