The British Retail Consortium has called for a complete overhaul of the system after a string of major retail failures this year.
Mr Wiese has been linked with a string of UK retail takeovers in recent years, including a bid for department chain BhS, formerly owned by Sir Philip Green.
But just as important is the ease of the on-and-off commute on an island with a dense string of business and retail districts along its northern coast.
His family also holds a string of industrial and retailing businesses, including the Mexican operations of Sears.
Nike's chairman, Philip Knight, said the company had solid growth outside the United States, where a weak retail industry has cut into sales -- particularly for athletic shoes -- with a string of closings among large retail chains like Venator, the parent of Foot Locker.
The owner of J&C Bridal Collections, Ms. Neo pays one quarter the rent she once spent on a shop in the heart of Chinatown, where a string of restaurants, hotels and retail shops meant a steady stream of shoppers.
Fallen Icelandic tycoon Jon Asgeir Johannesson, who once controlled a string of UK high-street retail chains and is standing trial for allegations that he exerted undue influence on an Icelandic bank, has been accused of attempting to influence media coverage of his affairs from Reykjavik's largest media group, 365.
Paramus has at least 10 million square feet of retail space in five malls and a string of shopping strips along the two highways.
Now, its collection of retail outlets, spread along a short block strung with lights, are mostly owned by locals.
On a busy day for retail news, a string of other companies announced strong Christmas trading included Associated British Foods, which ownsPrimark, Halfords and online grocer Ocado, which started delivering for Morrisons this week.
