Warnings for the future health of our high streets
Business leaders and residents have expressed their dismay at a series of firms including HMV filing for administration, having come under increasing competition from companies trading exclusively on the internet.
Finding the solution to what some observers have portrayed as the decline of the traditional high street is one of the business community’s most pressing issues.
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Hide AdNot only does the retail sector provide a significant proportion of jobs across Worthing, Shoreham and Littlehampton, the health of such core companies remains a strong barometer for the wider economy.
But with troubling performances registered by some firms in the run-up to Christmas which saw companies engage in high-risk discounting, it was clear hard-pressed shoppers were feeling far from frivolous.