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Saturday, 7 February 2015

High streets

The economic downturn and the internet have had a huge impact on UK High Streets. In some towns a fifth of all shops are vacant. Clearly the "model" will have to change.   Already there are far more coffee shops and similar. Maybe the internet giants will start to have more of a presence on UK High Streets?

Whatever evolves, town centres will be quite different in 10 years time. Maybe the John Lewis model will be the example? I.e. have some large city centre stores which sell goods but also a healthy, non-competitive, internet business too?

Perhaps more than most, book shops have suffered. Virtually any book can be found on the internet in just a few seconds. Even in Cambridge, quite a few bookshops have gone. Many small book traders prefer to do all their business on the internet.

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