There are. One independent shop where I live seems to have called it a day - a 'to let' sign has appeared in the window.
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| Disappearing businesses. https://warwickshireonline.com/viewtopic.php?f=67&t=9525 |
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| Author: | margaret [ Wed Apr 15, 2020 5:33 pm ] |
| Post subject: | Disappearing businesses. |
Unfortunately I read today that the stores, Oasis and Warehouse are going into administration. Also Laura Ashley are closing. |
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| Author: | rebbonk [ Wed Apr 15, 2020 8:10 pm ] |
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The present situation has hastened things, but they were on thin ice before all of this. I fear that our present problems will be the catalyst (or excuse!) for many more businesses to cease trading. |
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| Author: | margaret [ Thu Apr 16, 2020 6:11 am ] |
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I suppose that the internet is another underlying factor here, in that online shopping is the shape of things to come. (Though I sincerely hope not). With these small businesses, I think you would need to do a detailed analysis of what kind of businesses are , because I suspect the niche ones will survive anyway. |
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| Author: | rebbonk [ Thu Apr 16, 2020 12:10 pm ] |
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Rising rent and rates, falling foot-fall few will be immune. I even know of a couple of specialised model shops that have closed their doors. Some specialist type shops might be able to adapt to an online model, but I suspect many will only be shorterm until the present owners retire. I suspect that high-end clothes shops might survive and the more upmarket jewellers, but for most, the future must be looking very bleak. |
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| Author: | Lex [ Sat Apr 18, 2020 4:32 pm ] |
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Well, that's the Leamington & Stratford branches of Debenhams officially gone: https://www.bbc.co.uk/news/business-52330268 |
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| Author: | Lex [ Fri May 15, 2020 5:15 pm ] |
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The county will soon be bereft of Debenhams branches: https://www.stratford-herald.com/109211-housing-plan-proposed-landmark-southam-restaurant.html |
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| Author: | rebbonk [ Fri May 15, 2020 6:53 pm ] |
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Very difficult times ahead, Lex. |
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| Author: | Lex [ Fri May 15, 2020 7:09 pm ] |
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There are. One independent shop where I live seems to have called it a day - a 'to let' sign has appeared in the window.
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