January 24th, 2017.

Office of National Statistics’ (ONS) retail figures reveal high street sales collapsed to their biggest fall for nearly four and a half years. ParcelHero says the results prove the findings of its major new report that the death of the high street is just a little over a decade away.

High street sales collapsed by nearly 2 per cent in December 2016 – the most vital sales period of the year – against November’s figures – even as online sales grew 21.3 per cent against the previous December.

ParcelHero’s head of consumer research, David Jinks MILT, thinks this proves the findings of its new report – 2030: The Death of the High Street – that within 13 years the impact of online shopping and home deliveries will mean over half of today’s town centre stores, with all their familiar names.

Online shopping reigns supreme
David says, ‘Analysts are calling December’s high street sale’s figures ‘disastrous’ and there’s little wonder. As our report reveals, the disappearance of BHS, Staples, Banana Republic and American Apparel from Britain’s streets are just the tip of the iceberg of the peril facing town centre shops.

‘Home deliveries are set to destroy our town centres by 2030 unless there is an urgent rethink in the way we use our high street. Planners and retailers need to wake up to the e-commerce Revolution, and plan for a different kind of town centre; with fewer shops and more homes, restaurants and places of entertainment.’

David adds, ‘Between 2020 and 2030 half of the UK’s existing shop premises will have disappeared. 100,000 stores will close, leaving just.....

For the full story at smallbusiness.co.uk CLICK HERE.