 "The Daily Mail (London, England)")
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Ghost towns; Rise of the supermarkets could shut down 20,000 small stores, MPs told.
The Daily Mail (London, England)
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October 19, 2005
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COPYRIGHT 2005 Solo Syndication Limited. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.
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Byline: SEAN POULTER
FOUR out of ten small stores could be wiped out within a decade creating 'ghost towns' across Britain, it was claimed yesterday.
MPs were told Tesco, Sainsbury's, Asda and Morrisons are effectively putting small rivals out of business at an alarming rate.
Leaders of the UK's 50,000 convenience community stores said 2,000 are closing a year. If the trend continues, the number will drop by 40 per cent over the next ten years.
They warned the situation could be even worse if big stores win a trading free-for-all on ...
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