TAGS: B2C retail

Is the High Street really a thing of the past?

Posted: October 02, 2018
Author: Lara Lee

I find the sight of my local High Street quite depressing these days and this seems to be a recurring theme across many towns.  The image of a tumble-weed blowing down a street with empty units, charity shops and discount stores is what immediately springs to mind.  

Even the out-of-town shopping park seems less busy these days than when it was built, although I always find myself heading there as an alternative to the High Street because it pretty much contains all the shops I need and has free parking too.  

What are the reasons behind this demise?  Is it the cost of retail units in the prime town centre space being too costly for retailers? The council constantly putting the cost of parking up? Property developers turning empty spaces into apartments? Or is it simply that we all like to do our shopping online in the comfort of our own home because we are all so busy?

I read an article recently in The Retail Gazette with the title “Shoppers Abandon the High Street in August” where it declared that retail sales were at their worst in three years following data compiled by BDO.  With so many of our large retail brands going into administration recently, surely this is a trend set to continue? What are you thoughts?

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