Collapsed Intu bid reveals bricks-and mortar retailers' fight for survival

Online shopping and Brexit are throttling retail property market – rent cuts may be in orderThe collapse of a takeover bid for the shopping centre landlord Intu is the latest sign of the reckoning being faced by bricks-and-mortar retailers as Britons abandon the high street.A £2.9bn takeover of the Trafford Centre owner was called off on Thursday as uncertainty around Brexit compounded investor concerns about weak consumer confidence and changing shopping habits. Related: Brexit jitt