How the high street landscape as change today with the announcement of further closures of town centre banks and the loss of a number of major retailers with the disastrous knock on effect for small business owners in declining foot fall leaves town centres stunned.
The reasons we are given for these closures are down to the effect of the “ONLINE” banking and “ONLINE” retail shopping and the change in our shopping habits through technology.
Although online sales as proven to be beneficial for customers who can sit with their laptops to place retail orders, book holidays, weekly shopping, order meals and have them delivered on their door step without leaving the house can be seen as a part of modern day life style.
However as we examine the effects to the local High Street business owners and the dramatic consequences of our actions, which will eventually lead to the loss of the small retail business communities and the fragmentation of a townships high street presence.
We cannot just sit back and allow local businesses communities to be destroyed by what is already seen to be a given trend of high street banks and major retail closures.
The time has come for a new vision on keeping a town centres identity and encouraging independent businesses to keep their shops open on a profitable high street location.
Over the years there has been a number of initiatives to breathe life back in to the high streets private business retail sector , with a somewhat limited success in holding back the decline recently compounded with the weekly announcements of major retail closures,
Back in 2011 the Mary Portas High street initiative was rolled out across the country with some government funding trying to increase the awareness and benefits of maintaining a local high street retail business presence, the concerns were how the major retail outlets and chain stores were having a catastrophic effect on customers shopping habits were beginning to start a dramatically drop on our high street foot fall. Although the Portas initiative was seen as a buffer in stopping the decline of the high street it was not designed to reverse the trend; however it did bring out the discussion for collective benefits of the high street and raising the awareness of the need to protecting our Town Centres survival with new business ideas plus community values. Town centres have a history of adapting to change and with today’s trends and challenges the need for a national action plan in partnership with local authorities and local business entrepreneurs to work in collaboration together as never been greater if we are to protect our Town Centres before they become dust bowl ghost towns and no go areas.
This blog was produced by Tony Moran Founder/Director of the “Business Executive Club”
visit www.bexc.co.uk e-mail tony,firstname.lastname@example.org twitter @BusExecClub Facebook