07:25 Tuesday 24th September 2013
BBC Radio Cambridgeshire
[P]AUL STAINTON: A new study out today shows retailers closed an average of eighteen town centre shops a day during the first half of the year. Photography shops, video libraries and travel agents were amongst the biggest losers, although charity shops, bookies and payday lenders helped pick up some of the slack. Tony Bonsignore from our Business Unit’s here. Morning Tony.
TONY BONSIGNORE: Morning Paul.
PAUL STAINTON: We’ve talked about this many times, but when I read that out there, photography shops, video libraries and travel agents, I thought yes, we’ve moved on. It’s a rejigging of the high street. We don’t use those things any more, do we?
TONY BONSIGNORE: Yes, I think that’s right to an extent. I think in terms of the types of shops that are suffering most, I think there’s two things going on here. One is the fact that they are being hit still by this squeeze on household finances. Consumer spending is still under an enormous amount of pressure. But to an extent I think there’s another thing going on here, and I think you’re exactly right. I mean, photography shops .. we saw Jessops go under earlier in the year, didn’t we?
PAUL STAINTON: When was the last time you went to a shop to get some photographs sorted out?
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