The UK’s Retail Apocalypse Is Overhyped

We’re seeing a lot of headlines about a crisis on the UK high street at the moment. Type the words “UK high street” into Google, and you’ll get a slew of grim headlines. “More clouds gather over UK retail” is a headline from the FT’s website this morning. “6,000 shops close in tough year for UK’s high streets”, notes The Guardian. “UK retail High Street NIGHTMARE”, declares the Daily Star. But I have to say, looking at the companies in trouble, the question is not: “How did this happen?” It’s “why hasn’t this happened already?” Read more at Money Week.