Following on from recent announcements regarding the closure of stores by high street chains, Boots has now announced a review of its 2,485 stores across the UK. Whilst business rates will undoubtedly play a factor into the viability of its stores, it appears that the main issue relates to a lack of investment which has discouraged shoppers.

Whatever the reason, it is only going to pile on the pressure for landlords in a market which is currently experiencing 10% vacancy rates in the high street. The question perhaps should not be which retailer/restaurant chain is likely to fail next, but which landlords are facing insolvency.