Is High Street Retail Really Dead?
With everyone
talking about the end of physical shopping, Amazon is opening shops!
Morrisons supermarket
UK chain is going through £7 billion takeover.
Costo is booming,
Aldi and Lidl are expanding in the UK and workers are going back to offices.
Which is Britain’s
cheapest supermarket?
Many stores have
suffered in the last year with famous names like Debenhams and Gap disappearing
from our towns, but basics like food and other necessities seems to be
thriving.
Asia’s richest man,
Mukesh Ambani (worth $99 billion) is bringing 7-Eleven stores to India, one of
the fastest growing economies in the world.
Online retailing and
home delivery are still increasing, but there is still room for physical stores.
I would not
recommend a start-up business owner to immediately open a shop.
Did you know that
96% of new businesses fail?
The world’s
economies are still choppy waters. Stock markets and property prices around the
world remain at an all-time high fuelled by governments printing trillions to
prop up weakened economies.
Yesterday I reported
that a second Chinese property giant had defaulted
on interest payments following the Evergrande scandal.
Investors are still
piling into high priced stocks and properties like the party’s never going to
end! Remind you of anything?
If you not worried
because you don’t invest in stocks and shares or property, look at your pension
fund.
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