Entertainment could be part of the solution to Britain’s rapidly depleting department store.
The UK has lost 83 per cent of its department stores in the past five years – a trend recently accelerated by the impact of the pandemic, but notably by growth in online retail. A report on the BBC’s news website illustrated the findings of new research on the steep decline in department stores from 2016 to the present. Notably, the survey revealed that there are 237 large stores in the country that are yet to be acquired by a new business. In some parts of the world, particularly in the United States, major FECs have developed into large former department stores such as sears, Old people are mentioned in the report British Home Store in Edinburgh, closed in 2016 and transformed into a series of separate initiatives, with a hotel, offices and a bowling centre. Search suggestions in boutique cinema, food court or other forms of entertainment.
that is one of the new roles for entertainment unnecessary outlets Bill Grimsey – former leader of three major high street chains who conducted three reports on the future of urban centers – believe it may represent a solution
“You can no longer rely on retail because of technology, because of the internet, as the main attraction for city centers and main streets. You have to redo these places for something else because we are social beings and We need a place to gather and it will not be just shops,” explains the expert, providing the ideal formula for new retail to mix health, education, entertainment, leisure, arts and crafts as well as housing.
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