New data from the British Retail Consortium has revealed a worrying 3.5% fall in the number of shoppers visiting stores and retail parks last month, with the highstreet hardest hit where footfall was down by 4.8%. It therefore comes as no surprise that 61% of Brits are worried that the high street will disappear completely over the next ten years, according to new research by KIS Finance.
From surveying 1,000 consumers in the UK, KIS unearthed startling findings including:
•61% of Brits are worried the high street will disappear completely in the next ten years due to the ever increasing number of big-name store closures.
•Fashion, food, beverage and value brands are predicted to be the biggest victims of the high street due to online competition.
•Convenience is key factor that affects our...