High Street to be replaced by a branch of Cash4Cheques
If current trends continue, it looks like Britain’s high streets will soon become ghost towns featuring the occasional lone branch of Cash Converters. Accountancy gurus PwC and retail analysts the Local Data Company say the amount of empty shops soared last year, with chains shutting an average of 20 shops a day.
Thanks to big name chains like Clintons, Comet, Jessops and HMV going into administration there were a total of 7,337 closures in Britain, ranging from 1,281 in London to 353 in Scotland and 213 in Wales.
Not surprisingly, online shopping was mostly blamed for the amount of store closures, as well as businesses who had opened too many stores and had spread themselves too thinly over a number of channels.
But it’s not all bad news! Pound shops, pay day lenders and shitty shitty shops selling dried twig flower arrangements and ‘hilarious’ Lady Gaga masks continued to thrive.
So is the high street worth saving? Or will the march of progress inevitably turn it into a dystopian wasteland of pawned Argos ‘MUM’ rings, stolen stereos and remaindered Lance Armstrong autobiographies?