negative
equity
let’s all
raise a glass and toast the passing of jessop’s, the photography retailer.
there
yesterday.
gone today.
another
specialist lost, another repository of information gone.
some of the
reasons for its demise are down to the fact it didn’t respond quick enough to
the changes in the way that people take and view photographs. cameras are being
replaced by mobile devices such as phones and tablets, while photos are now
being viewed on those self same devices and stored online.
another
reason was the use of jessop’s as a showroom so that people could go and buy
from amazon at a much cheaper price.
add in the
factor that all too often the landlords are interested in upping their rents
and filling the vacant space with yet another starbucks, even though it must be
very obvious that there is fast coming a point where there are more places to
drink coffee than there are people to fill them up.
(mmm amazon
and starbucks: two success stories that don’t pay tax double win.)
we run the
risk of turning our high streets into areas of coffee shops, fast food joints
and various sized versions of everyone’s favourite supermarkets.
the real
irony of this is that it doesn’t help the suppliers either – as more and more
power is concentrated into the hands of one or two retailers the greater their
influence over the suppliers becomes. it has the potential to become a
retailing clusterfuck.
won’t be
long before another chain bites the dust.
take this
opportunity to go support your local shops. want a coffee – go to a local
independent. want a book? spend some money with your local seller.
trust me
you’ll miss them when they are gone.
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