Retail parks and online shopping are sounding the death knell for many of our traditional places to shop.
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00:00The decline of UK high streets and traditional retail is a growing concern.
00:07Factors such as the rise of online shopping, high business rates and changing consumer habits have led to numerous store closures.
00:15The COVID-19 pandemic exacerbated these issues, accelerating the shift towards e-commerce and remote work that reduced foot traffic in town centres.
00:26Additionally, the popularity of out-of-town retail parks has significantly impacted high streets.
00:33These retail parks offer ample parking, a wide range of stores and offer lower prices, drawing shoppers away from traditional high street shops.
00:44As a result, many high streets face vacancies and decline in local businesses, threatening the vibrancy and economic health of our town centres across the UK.
00:55It does beg the question, are out-of-town retail parks and online killing our high streets?
01:01And how often do you shop on your local high street?