Expert: '14% of Welsh retailers could go bust'

An empty shop
Around 14% of retail outlets are empty across the UK Credit: ITV News

A business expert is warning around 14% of retailers in Wales face going bust.

Chris Parry, from Cardiff Metropolitan University, says 2013 will be the toughest year of the recession to date.

It follows recent job losses at big chains HMV, Jessops and Blockbuster.

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Fears for Welsh retailers

A business expert is warning around 14% of retailers in Wales face going bust. Chris Parry, from Cardiff Metropolitan University, says 2013 will be the toughest year of the recession to date.