Monday 19 October 2009

The High Street Strikes Back ?

During my regular trips to the Post Office these last few years, I haven't helped but notice the grim emptying of all the shops. One by one it seems, once vibrant store fronts being replaced by empty dead shells with mountains of never to be opened post shoved through the letterbox. It's pretty depressing stuff.

Running a real life bricks and mortar shop these bad economic days seems incredibly tough. The biggest empty store along our Local High Street is the old Woolworths. It's a very large store which probably no Company believe can make work. Along the relatively short stretch there are around 8 or so smaller premises that have not seen life for many many months. You can tell things are bad when even the Charity Shop closes down!

Rents are high and spending traffic is low. This is not a good formula for long term business prosperity.

Maybe it's just because Christmas is looming, but today, I was pleased to see that two of the smaller empty shops had new ownership and were planning to reopen. Brilliant. Could this be the first signs of recovery for the High Street? Too early to tell maybe. The first is a Shoe shop and the second a Toy Shop. Good Luck to both of them. If starting a real life physical shop, this time of year must definitely be the best moment to start.





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