Businesses You Can See Going Bust within the next 10 Years
Other
Inspired by the topic: "Favourite Shop from Back in the Day" created by PinkFlamingo.
Sadly and inevitably, it isn't uncommon in this day and age of internet shopping (and presently covid) to hear about high street stores going bust. There are a couple of stores still around which I imagine will be gone by the year 2030. The ones which I imagine will be no longer with us:
- Waterstones - With more and more people turning to eBooks and using Google Search to find their information whilst abandoning standard books, I certainly can't see Waterstones lasting for much longer.
- WHSmith - My local store is due to be closed down as a result of high rates. But I have a feeling that this is just the very beginning. WHSmith is fairly expensive, and with many just as good if not better newsagents going around with products that are a lot cheaper, WHSmith may very well end up going bust.
I was wondering what stores that others think will be going bust within the next decade.
My local WHSmith is one of the busiest stores on my local high street, so personally I’d be surprised to see them go. We don’t really have any other newsagents there though, so that could be why. I agree with Waterstones though. There’s hardly ever anyone in my local one.
I could see some of the card stores disappearing over the next few years. Sending cards seems to be much less common than it was.
Ah yes, card shops. Never thought of that.
With the ever increasing cost in postage, there will come a time when people just can't afford it. And sending eCards is not only cheaper, but also more environmentally friendly than standard cards. Still, it's sad.
RegularComper90 Yes, the cost of posting the card is another consideration, and it’s definitely better for the environment to send an e-card. For some people I still send physical cards, but I use e-cards a lot now too.
Our WH Smith is always busy! It has the post office so is always packed.
I love Waterstones, I've bought loads of my sons books there, you can't read an ebook with a 2 year old! Sadly it is always fairly quiet when I've been in.
I think Mamas and Papas might not be around in 10 years. They are ridiculously expensive for stuff! Even in the sales I can't afford to shop there!
RegularComper90 my husband reads loads of books but they are mostly ebooks. Our house is filled with books for our son, he could spend the whole day being read to!
I saw a video on YouTube where books were considered non-essential, but beer was? And clothes were non-essential, too.
Whoever is in charge of deciding what's essential and what isn't is doing a terrible job. It just doesn't make any sense since there's always people who need to buy clothes. RegularComper90
WH Smiths will be safe (if travel returns to normal with the vaccine ) . Their High street stores never have made much if any profit - Its their Airport and railway station monopolies that keep them going .
PhilipMarc Somehow I think it will change as we move towards next summer . The disinformation sites (so beloved by many members ) will have been debunked , you will need a vaccination certificate to get on a plane .
It won't be clever or "cool" to deny the dangers of COVID anymore . A lot of silly people will be frantically backtracking and realise -but never admit the folly of their views !
Currys....I think they've become dearer since the online competition has become cheaper...ie AO and EBay outlets. Plus their delivery times aren't as competitive. I've had to buy a few major appliances this year and Currys is at the bottom of my list, sadly
Some of Mike Ashley's franchises and book/magazine stores, perhaps.
Food, clothing, shoe, utility stores and the likes will go on active as what they sell is essential for daily living and while you can order clothes online, there's always the problem it's not the right size.
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