By Hannah Uttley For The Daily Mail
Published: 00:01 GMT, 21 January 2019 | Updated: 01:10 GMT, 21 January 2019
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A total of 175,000 jobs are set to disappear from the High Street this year as the onslaught from online rivals continues.
A slump in the value of retail property is expected to see 23,395 shops shut as customers shun town centres in favour of internet shopping, according to property experts.
It marks a significant increase on last year when a string of retailers including Toys R Us, Poundworld and Maplin went bust, leading to the closure of 20,000 stores and the loss of 150,000 jobs.
In total 175,000 jobs are expected to be lost from Britain's high streets this year amid a growing retail crisis
The Mail has been campaigning to save Britain's High Streets and is calling for a major overhaul of business rates, for large overseas companies to pay their fair share of tax and cuts to car parking charges in town centres across the country.
The latest warning comes as Sports Direct owner Mike Ashley eyes a takeover of entertainment retailer HMV, which fell into administration just days after Christmas, threatening 2,200 jobs.
He is one of a number of potential buyers looking at making a swoop for the company, according to Sky News.
A purchase of HMV would add to the so-called tracksuit tycoon's growing portfolio of retailers after Mr Ashley
