Discount shops 'change high street'

%VIRTUAL-SkimlinksPromo%Discount retailers and convenience stores are changing the face of the high street by moving into shops left vacant after a series of well-known names collapsed into administration, a new report suggests.

Figures from Deloitte showed cut-price retailers such as Poundland, B&M and 99p Stores had snapped up one in five sites that were re-let after 27 retail collapses since 2009, including Woolworths, Clinton, Game and Blockbuster.