Can the High Street Compete with Internet Sales

The video discusses the decline of physical retail stores in Altrincham due to the rise of online shopping. It highlights the changing consumer habits, with many preferring the convenience and variety of online shopping. Major retailers like John Lewis and Next have seen significant increases in online sales, indicating a challenging future for the High Street. Efforts to revitalize town centers include shrinking the core and encouraging small businesses to share retail spaces. The video emphasizes the need for innovative solutions to attract shoppers back to physical stores.

What is one reason consumers prefer online shopping over visiting physical stores?

• Higher prices online

• Limited product range

• Inability to read reviews

• Convenience and variety

How did John Lewis's online sales perform compared to the previous year?

• Remained the same

• Increased by 5%

• Decreased by 10%

• Increased by 44%

What is a potential consequence for the High Street if new strategies are not implemented?

• Increased foot traffic

• More parking spaces

• Further store closures

• Higher sales for physical stores

What is one way small businesses are being encouraged to return to the High Street?

• Providing shared retail spaces

• Reducing online sales

• Increasing taxes

• Offering free products

Why does Victoria Fox prefer to maintain a small High Street presence?

• To avoid online competition

• To increase her online sales

• To expand her physical store

• To reduce overhead costs