High hopes for the High-street
Traditional retail is currently in steep decline with the larger premised shops being hardest hit of all. The reason for this is clear, although most real world shops are having to cope with reduced footfall most can just about cope for now, whereas larger stores with often crippling rents can quickly get into financial difficulty. Several of our EPoS solution clients are dealing with these issues by making a number of their stores into concessions within other retailers stores and or other landlords premises. This way the rent is contributed to by all parties involved and they also then share the task of getting shoppers into the store. The fact that you can browse multiple retailers' products within a single store is a draw in itself for consumers. Imagine what was once a large stuffy department store transformed into numerous small concessions, some well known names and others less well known enterprises that until then had maybe not even had a physical shop. Some perma