Retail: buy, hold, and lose

It’s hard picking long-term winners in the ever-changing retail sector

Photo by the blowup

Britain’s high streets are in a sorry state. A short walk around Norwich city centre a few weeks ago revealed a rather grim picture of an otherwise ancient and splendid City – several thousand square feet of vacant Top Shop, another few thousand square feet of vacant Debenhams and a plethora of smaller shops, bars and restaurants long boarded up.

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