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Online Christmas Shopping

Online Christmas Shopping ‘Killing Off’ our High Street Retailers

Authored by Phil Meekin

Phil Meekin

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Approximate read time: 1 minute

43% of people are planning to do more of their Christmas shopping online this year than they did the year before.

The UK’s high streets are dying out because of the increasing number of shoppers purchasing goods on line. Along with soaring rents and the popularity of out of town retail parks our once thriving town centres are becoming like ghost towns. Especially with the collapse of both major and small retailers falling by the wayside.

A poll suggests greater numbers of shoppers will be foregoing the high street to buy their presents from the comfort of their homes. According to the survey by Onepoll, on behalf of Royal Mail, 43% of people are planning to do more of their Christmas shopping online this year than they did the year before – with around 57% expecting to do around the same.

Royal Mail’s Nick Landon said: “Online shopping is now such a key part of the Christmas shopping experience. Our research shows that more people will be going online for their festive gifts this year than ever before.

The Federation of Small Businesses estimates 2,000 small shops are closing each year. They are calling for more to be done to breathe life back into beleaguered high streets. Many larger retailers have developed online shopping facilities in an effort to enhance sales and respond to consumer demand.

Insolvency Practitioners across the country are being approached by retailers on a regular basis for help and advice. As a result of our shopping habits changing and we’re expecting an influx of calls in the New Year.

Author: Hilary Dennis-Madin

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