David Coffer

'Hypermarkets' gain ground in the U.K.

World Views

For years I have proclaimed the robust virtues of the leisure sector compared with its sister asset class, retail.

The surge in popularity of online shopping has swept through high streets and shopping malls like a tsunami, with only the most adaptable or flexible retailers able to cling to any buoyancy aids.

Yet restaurants and entertainment venues have proved to be far more capable swimmers.

Why? Put simply, there is hardly anything you can buy in a shop

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