It is interesting to note that even in these difficult times nearly all of the Woolworth stores that fell empty with the collapse of the retailer at the start of the current financial problems are now nearly all re-occupied.
This does give some hope for our town centres. The Portas report has highlighted the plight of our nations town centres and has come up with some interesting (and some blindingly obvious) suggestions. It remains to be seen which recommendations the Government take up from the report, sadly they will probably be the cheapest to carry out and not necessarily the best ones! But at least it is a move in the right direction – although I am a strong believer in the fact that it is the supermarkets who have killed our town centres more than any other thing – more on that next week.
However, the old adage, “location, location, location” is as true today as it has ever been, and it is good to see that most of the ‘woollies’ which were always well positioned in most town centres have found new tenants. Yes, most will be pound shops or similar (no one else will take these large units) but at least it keeps some activity in the good areas of the towns.
As we hear about the problems of some of our larger retailers over the last few weeks (Peacocks etc) spare a thought for the small independent shop – it is time to support the small local trader more than ever, this is the only thing that will enable our suburban and small town centres to survive – you have been warned!