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Report
Wednesday 7th January 2009
On the rocks
Whitewashed shop windows, shutters long pulled down, a Woolies strip-lit and bare, graffiti everywhere – the toll of the recession is obvious in town centres and suburban shopping arcades up and down the country. But the wipeout that many expected hasn’t happened.
Instead of a recessionary explosion laying waste to retailers, the effect of the downturn has been more insidious.
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