UK High Street still struggling in 2011

By : Administrator
Published 6th April 2011 |
Read latest comment - 6th April 2011

Oddbins have gone pop, HMV are hanging on by their fingernails and even Next is struggling...

Here's a good financial summary of the High Street from the Beeb.

BBC - Peston's Picks: Retailers' mega squeeze

Steve Richardson
Gaffer of My Local Services
My Local Services | Me on LinkedIn
Comments
I think the UK may have far more retail businesses than our economy can support, especially when so much shopping can now be done online. There are lots of "me too" clones within walking distance of each other. OK, the proximity keeps prices down (a bit) but doesn't seem to extend the choice range much.

Individual businesses seem to be able to defy the odds though. In our village, the same butchers premises have been occupied over the years by 3 different owners. The first 2 owners never made a go of their businesses, the third seems to be consistently busy even though we're not a "posh" village and he sells upmarket meat at prices to match.

Linda
CareersPartnershipUK

This Thread is now closed for comments