High Street Shops Face An Uncertain Future
After the recent announcement that Debenhams in Hanley could close, retailers in North Staffordshire and The Potteries are asking if the traditional high street shop has a future.
Last year 475 high street stores in the West Midlands went out of business.
In Stoke-on-Trent 20 shops closed and only eight new stores were opened.
The number of banks in Newcastle-under-Lyme and The Potteries fell dramatically while the number of cafes and fast food takeaways increased.
No one can deny that 2018 was a turbulent year for retailers.
The continued growth of online shopping and the ever-rising costs of running a high street business are having a devastating effect on town and city centres throughout the region.