SolutionMania

The Future of the High Street

It would appear that it's not an easy time to be a retailer. Stories of familiar high street names going into administration, or at least severely struggling, are becoming ever more frequent. Blacks, La Senza and Hawkin's Bazaar have all gone into administration following a disappointing Christmas shopping season.

Whilst the current economic climate is clearly a large part of the problem, the rise in internet sales can only be adding salt to the wounds. Figures from an IBM study show an increase in UK online sales of 21.5% from November 2010 to November 2011.

It's not unreasonable to conclude that internet sales represent the single biggest challenge the high street has ever faced.