Vacancy Rates
The Mall has recently seen high vacancy rates with the closure or re-location of key stores such as Boots, Newcastle United Club Shop, Benetton, Sportizus and most recently, Sports Direct. With the redevelopment of nearby Eldon Square and Eldon Gardens providing larger and more flexible options for retail premises it is unlikely that these vacancies will be filled in the near future.
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Famous quotes containing the words vacancy and/or rates:
“The darkest pit
Of the profoundest hell, chaos, night,
Nor aught of blinder vacancy scooped out
By help of dreams can breed such fear and awe
As fall upon us often when we look
Into our minds, into the mind of man.”
—William Wordsworth (1770–1850)
“In the U.S. for instance, the value of a homemaker’s productive work has been imputed mostly when she was maimed or killed and insurance companies and/or the courts had to calculate the amount to pay her family in damages. Even at that, the rates were mostly pink collar and the big number was attributed to the husband’s pain and suffering.”
—Gloria Steinem (20th century)