An unprecedented wave of investment in town centres will fail to reverse the long standing migration of retail sales from town centres to out-of-town retail parks, says a new report. The huge amount of space set to arrive in town centres is arriving at the worst possible time and could create more problems than it solves. Though out-of-town retailing has been harder hit than town centres by the current downturn, landlords and retailers alike have made a concerted effort to improve the out-of-town shopping experience. For this reason the report expects out-of-town to bounce back and lead the recovery.

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