There was no doubt that some retailers were slow off the mark when it came to online presence and online sales. Recent research by Cushman & Wakefield has reviewed the position so far and brings a healthy dose of reality to the debate. The fusty old Brits have been the most eager adopters of online purchasing in Europe, but, as C&W point out, there is still an enormous appetite for retail space, which means that it is still a high scorer in the Investment market. It also means that logistics and warehouse space rides along on the back of both channels.

Indeed, the real question is not "clicks or bricks", but for how long a consumer based bubble, sorry, recovery, can support all this...