Are we to Blame for the Demise of the High Street?

Posted on 1 January, 2013 by MOVEHUT

We as a nation love shopping, but as the internet has become available on more and more devices, such as tablets, mobile phones and now TV’s the way we shop has changed. People still love a browse on the high street, but that is exactly what it is, a browse. If there is a particular item that we want to buy, more than likely we will buy it online and happily wait a few days for the item to be delivered. With this change in buying habits, are we ourselves to blame for killing the high street?

According to a survey conducted by Ofcom, the UK does more shopping via the internet than any other country. On average a UK resident will spend £1,083 per year on online shopping, an increase of 14 per cent since 2010. Our spending is over £200 more than the second highest spender which is Australia, who spends £842 on internet shopping.

One in five people now use their smartphone to access high street retailer websites. This may sound like a good thing for the retailer, but it could also be a negative. People may visit their website whilst they are out and about on the high street prior to visiting the store to check what they have available. If nothing takes their fancy virtually, people will be put off from stepping foot physically inside the store.

Speaking of the survey James Thickett, Director of Research at Ofcom, said: “It’s mobile devices like smartphones and tablets that are driving this growing demand for data – and in the UK it seems to be social networking sites that are behind this in particular.

“We have a long history of catalogue shopping in the UK, and as many daily activities are increasingly carried out online, the internet has become the new destination for many shoppers.”

Do you find yourself doing more shopping online than venturing out onto the high street? What are your reasons for preferring internet shopping? Tell us below.




Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.


Recent Posts

Interest Rates Impact on Commercial Property

Commercial Property Investment Outlook for 2023

The best places to stay on the Riviera

The latest property data has identified Newquay as the fastest property seller’s market in the UK

Investing in your garden can increase your property’s value

French Riviera temping high-end homebuyers

How can the ownership rights of my commercial property impact a business sale?

Should I incorporate virtual property viewings permanently?

Investment expected to increase across Asia-Pacific in 2021

UK property industry slows as the conclusion of tax break looms

BNP Paribas cautioned investors on Friday as debt-trading bonanza that increased its earnings this past year

Over 300,000 property purchases fell through in 2020 – we show the most frequent motives and the best way to get your house sale back on track

House Prices in the Capital Surpass £500,000

Optimism from the Bank of England’s chief economist

The most expensive commercial properties.

Businesses operating from shared premises will miss out on grants