While everything seems to tell us the worst of the recession is over we are still not seeing any major improvement of consumer spending and unemployment.

The situation could well set a bleak Christmas period of the likes of last year, when 14 major retailers went into administration.

The Christmas period is of course the most profitable for many businesses and if we face the same situation as last year we might well see some more retailers closing down in our shopping centres.

The online retail sector seems to be less affected by lower spending which might force some shop to look into expending their online presence to overcome this difficult time.

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