Grendel
Well-Known Member
House of Fraser closing over 30 stores.
The high street is changing and it is not all about shops anymore.
A retail analyst bloke on the Big Questions on Sunday was predicting that in 10 years time there will be hardly any shops left and the high street needs to evolve and be more about entertainment, eating out and customer service.
Then they will all become wastelands.
There are still many people who enjoy shopping experiences. The stores that have failed have failed for very obvious reasons.
Councils who had foresight developed a flagship store and around it small boutique stores that offer specialist consumer experiences. Many high street chains are growing revenue.
Coventry saddled itself with stores paying huge rents in 1950’s buildings based on Stalinist architecture. Debenhams and M and S will fold as I’m sure at some point will W H Smith.
The nearest example of success to here is touchwood. The indoor complex in Nottingham is similar and footfall in that city centre is huge.
Coventry centre is I suspect at crises point