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Originally Posted by Hugh
But they are selling things and their rent and rates aren't zero, so your straw man argument is invalid (unlike Chris's points, which are based in the real world).
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The bigger stores may still be selling
some things, but is it enough to cover their costs, even if rents and rates were zero? Rents and rates haven't suddenly been sprung on them from nowhere, they've been there all along. Reducing rents and rates isn't going to have that much of an impact. The frequent complaint is that less people are visiting the high street in the first place, therefore they
can't be buying that much.
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Shoppers are making fewer visits to High Streets.
The retail analytics company Springboard tracks footfall in main towns and cities. It's seen a decline in numbers for the past few years.
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Consumers are still shopping, of course. But even with the rise of online, shops need people to walk through the door.
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But the overall picture is the UK has too many shops, they're too big and in the wrong locations. The winners will be the companies that know what their consumers want and give it to them, with great service and products they want to buy.
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The number of people visiting the region's high streets has fallen by almost a quarter in the past decade.
Exclusive figures for ITV reveal the scale of the problem across the East.
In the last decade (2009-2019), the number of people visiting high streets in the Anglia region has fallen by 23.5%. This is higher than the national average of 20.5%, according to the Local Data company, who produced the figures for ITV's Tonight programme.
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