UK: Mobile retailers snap up cheap leases

Well it’s not all doom and gloom in UK retail areas it seems – Mobile Today is reporting that Mobile retailers are taking advantage of cut-price leases in shopping areas! Apparently Vodafone (NYSE: VOD), Virgin, and Orange are amongst the various mobile frms using the drop in charges to help them expand.

Interestingly, some believe that there are already too many Mobile shops, and more at this moment in time isn’t going to help things. My personal experience is that th preponderance of Mobile retail outlets varies massively between areas – with some saturated, and others just not served at all.

Each of the Operators mentioned above is intending to open between 30 and 50 stores soon, which are solid numbers – as I said though, lets hope the geographical distribution of them is not exacerbating existing saturation, or missing out areas that are in need of a shop.

Good news from a UK retail perspective though, what with all the negative news recently….

[Via: Mobile Today]