Is Retail On The High Street Dead? NO! Here’s Why

Money Tips Daily by Charles Kelly, former IFA and author of

High street retail has going through a tough time in recent years with hundreds of stores closing, but here’s why I think there is still a place for physical shops for many years to come.

Even with the rise of Amazon and other online retailers 85% of retail sales are still made offline. Over 20% of stores are not even fully engaged online.

In a strange twist, Amazon and other online retailer are opening offline stores in the high street and malls!

Apple has huge flagship stores in London and other major cities.

Online retailers Gymshark and The Fashion Bible are also set to open large flagship ‘bricks and mortar’ stores in prime retail space next year. Gymshark, which only started online ten years ago, is opening an 18,000 square foot store in London’s Regent Street, one of the most expensive and sought after retails real estate areas in the world.

See full article. https://moneytipsdaily.com/is-retail-on-the-high-street-dead/

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