Financial Times FT.com

Business is booming at run-down stores

By Daniel Thomas, Property Correspondent

Published: April 13 2009 22:01 | Last updated: April 13 2009 22:01

Down-at-heel shopping centres and out of town discount stores are experiencing surging sales in spite of the economic downturn as consumers turn bargain hunters to keep costs down.

Shopping centres and high streets that host discount retailers are faring well, according to property owners, in spite of widespread gloom across the retail sector.

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