Incase you have not noticed we are currently witnessing the death of the high street in the fashion world. Many high street shops are closing down all over the UK. The big fashion/retail giants are not left out of this, many of them have closed down a lot of their stores, and some have closed all of them, moving their business full online. The death of the high street is happening and it is quite sad to see many of my favourite shops leave. It is also horrible to know many people have lost their jobs as a result of this crisis. It makes you wonder what the high street would look like 10 years from now.
The number of high street shops have been decreasing in the UK for many years now. Research has shown that shops in the UK have been decreasing for at least a century. Internet giants like Amazon and eBay have contributed to this decline. Many people like me rather shop online and have it delivered. Life is too busy to go into the shops to spend hours looking for what you want. It is a lot easier using the search bar on the brand’s website.
Nowadays, many people rather shop online which means business is slow in the brick and mortar section. Also, running a business online is a lot cheaper than having shops around. The online costs running a business are between 10 per cent and 20 per cent less than running high street shops.This new way of life revolving around the big wide web has contributed massively to the death of the high street.
Some writers argue that the online shopping trend will stop in a few years and people will go back to shopping in stores. I don’t agree with that at all. That is like saying people will go back to renting DVDs over streaming on Netflix. I think shopping online trend is here to stay especially in the fashion world. It is just too convenient for consumers and cheap for businesses to run. Which is why I don’t see it going away. What I do see is the gradual death of the high street in the fashion world. More and more shops will close for good on the high street, and focus their energy and attention on running their businesses online. The future is online and the faster we embrace it, the better the shock will be for all of us.
What do you think? Please share your views in the comments section below.