Many words and much energy have been focused on saving the high street. But after many years of trials and tribulations, do we really need it any more?
This may seem an inflammatory question posed just to hook you in, but the question is a real one. Who does today’s high street really serve?
Seemingly not a week goes by without news of either the demise or decline of another high street brand.
Over the past decade and more, we have lost long term family favourites such as Woolworths, British Home Stores and Athena. And most recently those highlighting struggles in their business have included House of Fraser, Mothercare and Poundland.
So, what is going wrong? Is there something catastrophically amiss with all of their business plans? Or is there more to it than that?
Ultimately, the high street has to be a destination that the public wants to visit and as towns and cities have grown, most people do not live close by. So they need to be given a reason to go there.
With the massive growth of online shopping, and the likes of Amazon increasingly becoming a one-stop-shop for all retail needs, many people ask why they should visit the high street.
Amazon themselves are now providing grocery products, so there is no sign of their growing retail dominance stopping any time soon. And it wouldn’t be too doom-mongering to suggest that there could be more high profile victims of their success in the offing.