The high street is a shadow of its former self post Covid. As younger generations prefer shopping online many towns and cities are finding that once-bustling shopping districts are turning into ghost towns.
Argos, B&M and Iceland announced a selection of store closures at the end of this month. Elsewhere, M&S, Homesense and M&Co will also close the shutters on some brick-and-mortar locations.
Inflation and energy bills are driving forces increasing the costs for businesses. Shoppers are also being hit with the same pressures leaving them with less money to spend.