'We must move on from shops': Middlesbrough has '50% too much retail space' as H&M shuts Regeneration chief's gloomy forecast as H&M becomes third big chain to vacate the town centre in as many months 06:00, 1 JUL 2021 Middlesbrough has '50% oversupply' of retail space (Image: Ian Cooper / Teesside Live) Get the latest breaking Teesside news and updates direct to your email inboxInvalid EmailSomething went wrong, please try again later. Subscribe When you subscribe we will use the information you provide to send you these newsletters. Your information will be used in accordance with ourPrivacy Notice. Thank you for subscribingWe have more newslettersShow meSee ourprivacy notice