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General   (General discussion, talk about anything.)

Started by: Stardelta (11899)

So GB..... Shops are closing and its nothing to do with.....
Lack of footfall.
Increasing energy costs
Increasing wages
Increasing insurance costs
Increasing property rental costs.
Competition from internet sales.

Instead you claim its all down to business rates which aren't even set by the council?

Imagine this scenario.......purely hypothetical of course and try and get your head around it.

A high street shop has a running cost of £200k a year and returns £400K a year profit
A website and a warehouse has a running cost of £200k and returns £500k a year profit

Which is the better business option? a high street shop or a online facility, and which is more convenient for the customer a website open 24 hours a day with home delivery or a trip into town during opening hours?........Need a clue?....A M A Z O N!

This is what is happening. High street shopping is not viable anymore, there are easier ways for the business owners to make a profit from their capital and they are more convenient to their customers.

Replied: 23rd Feb 2022 at 17:43

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