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Rain blamed for high street woes

The wash-out start to the summer added to the woes of the high street and triggered a 10.3% rise in retail collapses between April and June, a report revealed today.

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Wet weather piles more pain on the struggling sector

  • With high profilefailures including Julian Graves, Clinton Cards and Game, the number ofretailers to fall into insolvency rose to 426 in the second quarter of 2012.
  • Mothercare, JJB Sports and Halfords have all revealed dismal results in recent weeks as the wet weather piled more pain on the struggling sector.

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