| Is the High Street doomed? |
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With the economy turning away from its decade of shopping and borrowing and the march of technology continuing to drive sales on to the internet, the High Street is facing one of its biggest ever challenges.
Retailing has gone through many revolutions before: for example, the rise of the supermarket from the late 1940s which let customers pick things off the shelves themselves. But, in an era of austerity in which online retailers - free from traditional property and staffing costs and often boasting a vast range of products - are presenting a whole new type of competition, are our High Street shops ready for disruption on that scale now? |
