Re: Recession List 2009!!
Sadly 10-15 years from now there will be no high street as we know it due not to recession closing shops but the power of supermarkets. Zavvi is down and out now and HMV wont be far behind. If you can pick a DVD CD console game at least 10% cheaper on your weekly trip to the supermarket why go elsewere? Even the loyal customers are eventually going to desert all the high street shops and go to the supermarkets. No one can compete with the buying and bullying power of the supermarkets so the little shop will be no more.
As a footnote it is our yearning for the lowest pricesa possible for what we want that has helped exaserbate the retail problems we have. Shops have bills wages tax etc to pay and that is worked into any prices they charge yet we want goods cheap. So a small firm cannot compete because they cannot make enough money to stay afloat.
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