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Ecommerce growth means more shops will shut


A very good piece. I personally feel that if you are a City Centre Indie that does not own the freehold you will be doomed within five years. There are options however: If you have a good online business, then move to a secondary location. If your business turnover has turned predominantly online, then maybe you don't need a shop at all. One aspect is that brands are obsessed with location. Somewhat naively in my view. That view will have to change as stores simply will not be able to afford to stay in city centre locations, yet brands simply want to cut out the middle man and have a fully integrated operation. While the future isn't all doom and gloom, for many, it isn't good. Darren James Hoggett J&B Menswear Limited/Norwich

Posted date

7 January 2015

Posted time

12:13 pm