During 2020 I had written several blogs on the sorry state of the British high street. The main problem then was the lockdowns, but inflation was low, people got paid, be that their salary and wages or under the government’s furlough scheme. Fast forward two years and the situation is very different: inflation in the […]
Tag: retail
Shoplifting
Shoplifting, large and small, tends to rise during times of crisis. As inflation makes things harder for more families, retail theft data will be a telling gauge for consumer distress. With prices rising exponentially, expectations are that this will become even more of a problem as long as high inflation persists. And it is’t just […]
Empty shelves
Interesting article in a recent edition of The Economist magazine on the availability of certain staples in British supermarkets based on data published by the Office for National Statistics: Frozen turkey was in the period from 5 to 8 November with 18% the item with no or low availability, followed by sparkling water (17%) and […]
The demise of the British high street
Since the beginning of 2020 I have written several blogs on the sorry state of British retail and the High Street. just just now things got even worse. Much worse. On November 30, the Arcadia Group, the retail empire run by Sir Philip Green, went into administration, followed a day later by an announcement by […]
The grumpy older man 