Jessops Camera stores go bust in the UK - is there room for niche retailers on the High Street?
With stores like Jessops, who were the last specialist retailer of cameras on the UK, going bust, is there any room on the high street for stores selling commodity products? Over 50 major UK retailers went under in 2012, many of them selling branded products readily available on the internet. What will our High Street look like in 10 years? Will it just be Starbucks and charity shops?
You're correct in everything you say. Towns around the country now look like ghost towns, soon all that will be left are charity shops and Starbucks, or else simply vacant stores. There is no room on our high street any more for niche retailers; they cannot compete with the Internet. I expect many more retailers will go under in 2013.
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