A Sign of the Times - Retail Footfalls Plummet At BAA

Borders who itself is having problems in the down economy, is reportedly pulling out from all BAA outlets as visitors to those outlets fall.

Its UK affiliate - Borders UK is to pull out of BAA’s airports in the latest example of fraught negotiations between retailers and landlords. Guy Grainger, head of retail at Jones Lang LaSalle, said footfall had fallen in airport retail outlets by up to 25% because of the downturn in business travel according to the Financial Times.

Ouch!