The year began with some of the biggest names on the high street reporting disappointing sales figures over Christmas and New Year.
Most recently, Marks & Spencer has announced that it will close over 100 stores by 2022 after its most recent financial results showed a 62% fall in pre-tax profits.
Kieran Soobadoo appears in Essential Retail saying "Marks & Spencer and other well-established retailers are swimming against the tide when it comes to bringing customers through their doors. The traditional model is not working any more, and retailers will have to decide whether the benefits of having a physical presence outweigh the costs".
Swimming against the tide is available to read on the Essential Retail website.
Kieran is an associate solicitor in the real estate team. He advises on a range of property transactions including acquisitions and disposals, landlord and tenant matters and property finance. He acts on high-value residential transactions as well as commercial matters and is accredited by the Law Society under the Conveyancing Quality Scheme.