FSP Retail Blog
The New Retailing Landscape
Posted At : 26 September 2008 14:55
Those of you out there who receive SnapShop Monthly will see from my leader that reasonable economic performance in the UK (until recently!) has not been reflected in retail and I wonder why. Although there are possible social and psychological explanations, at FSP we believe the valid explanation is an industrial one. This is where the future retailing landscape is being shaped by the rapid expansion of online retailing, the increasing sales of non-food through grocery outlets and the increasing number of retail parks trading with Open A1 retailers.
This isn’t to downplay the psychological and social explanations. which see on the one hand consumers being spooked by the media-fed anticipation of recession, and on the other the consumer being more savvy, fed up with fashions and technology which cannot keep up with their own pace of change and, in any case, older, wiser and more interested in life experiences than acquiring “stuff”
Social factors definitely play a part. My husband wants a weekend away for his birthday, rather than more "stuff". And it's certainly not worth making a special effort to go to a big town unless there's an easy rail link. Quite frankly I can get some very nice things from charity shops these days. I may sound a bit like a sad old person, but there are many others like me out there!
Rosie - 26 September 2008 16:35
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