Blog: Pound stores the only high street hit
Joe Ayling | 22 October 2009
The typical UK high street has been transformed by the current recession, leaving it unrecognisable from its former self.
Clothing and footwear shops, general merchandise stores and gift boutiques have paved the way for stores selling goods for just a pound and charity shops.
According to an ongoing BBC investigation into the typical UK high street of Shirley, near Southampton, the collapse of Woolworths last year signalled the transition.
Furthermore, many of the shuttered store fronts are yet to be replaced, with vacancy rates soaring and residents forced to travel to larger shopping centres for specialist items.
The BBC finds that there are now 1,423 discount stores in the UK - up 60% since the recession took hold.
Specialist fashion outlets in the UK will hope that the green shoots of recovery will blossom into their recovery next year, because 99p clothes are not an option.
By Joe Ayling.
BLOG
Digital pieces of the fashion supply chain take shape
The digital pieces of the fashion supply chain puzzle are starting to come together, according to executives at the recent Texprocess apparel technology trade show in Frankfurt, Germany....
BLOG
Swedish fast-fashion retailer H&M, Zara brand owner Inditex, and sportswear giant Nike are not only among the world's leading brands, they also have some of the best supply chains too, according to a ...
BLOG
Finding a solution to the sustainability problem
The key message at this year's Copenhagen Fashion Summit was that the global apparel and textile industry needs to take a holistic view on how it tackles sustainability and responsible sourcing – with...
BLOG
Industry welcoming move to renegotiate NAFTA
The US textile industry has welcomed President Donald Trump's decision to renegotiate NAFTA, saying it is in America's national interest to modernise the trade agreement....
Most Popular
Insights
- What Arket reveals about H&M's new direction
- C&A increasing transparency with supplier ratings
- Change or die – a stark message for supply chains
- Sewbots pave the way for the factory of the future
- RCEP and its impact on textile and apparel trade
News
- Amazon to offer "try before you buy" service
- The world’s 10 worst countries for workers
- Apparel and textile production up in key regions
- Amazon files patent to prevent "showrooming"
- US reviews AGOA eligibility for three countries
Market research
- Global market review of denim and jeanswear – forecasts to 2022
- Samsung C&T Fashion Group in Apparel and Footwear (South Korea)
- When Things Go Wrong - A Practical Guide to Managing Common Problems in Apparel Sourcing
- Global Licensing Trends in Children’s Apparel and Footwear
- H&M Hennes & Mauritz AB in Apparel and Footwear (World)
Get full access
