The Taylor Electrical shop in Diss which could close within the next month
Electrical goods firm in Norfolk and Suffolk set to close
Dominic Bareham
Tuesday, January 8, 2013
6:36 PM
A long-standing electrical goods retailer with four shops in Norfolk and Suffolk is set to close within the next few months, with the loss of 23 jobs.
For the last 90 years, Taylor Electrical has traded in the eastern region, but the company’s four shops in Beccles, Diss, Halesworth and Mildenhall are set to close due to the effects of the economic downturn and competition from the internet.
However, the closure has shocked civic leaders and customers in the four towns, who spoke of their sadness another independent retailer, which had been part of the fabric of the town, was set to close.
South Norfolk councillor Tony Palmer, who represents Diss, spoke of his disappointment at the closure of the Diss store in Victoria Road.
Neville Short, 43, manager of the Diss store, blamed a growing trend for shoppers to buy goods online and the economic downturn for the decision to close.
Figures showed internet sales nationally rose 18pc in December compared to December 2011.
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4 comments
@ Lynda "the internet will have the monopoly to charge what they like". It does not work like that. Because of increased transparency and competition internet retailers are forced to price match against others driving the prices down to the bare minimum. As for not finding things cheaper you must be doing something wrong. Go to Lowestoft market and you will be charged £10 for a common phone charger. The same charger can be bought on eBay for 3 quid including posting. That is one hell of a mark up and then take into account petrol and parking costs.
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freaky_gerbil
Wednesday, January 9, 2013
Trouble is once these shops closed that will be it, the internet will have the monopoly to charge what they like. Personally, I still prefer to buy my things at the shops where I can see the items, speak to the staff and have back-up if there are problems later, unfortuantely, I am in the minority. I have never found the internet to be cheaper, I usually check price and details before I go out to buy bigger items. I think the government should abolish the high business rates to give stores a better chance. Towns are looking arwful now with so many shops empty and it will get worse.
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Lynda
Wednesday, January 9, 2013
Be prepared for a lot more closures ... Spending power for many is very short, and coming under even more pressure... Xmas is over and the reality of Internet sales taking a 2-3 million sales per day from uk shops will hit high street very hard and shopping mall units... Our shopping culture is changing fast to online shopping .. Over a 150 thousand supermarket food shopping deliveries a year out of norwich a year, shows just how Internet shopping is changing even with food and growing every month.... Internet saves time, petrol travel costs and is often cheaper and free delivery... It is a no brainier to many that use the Internet and this type of shopping is the future and therefore hundreds of thousands of shops will not be needed in the next 5 years.. and many will become unprofitable and converted into housing. Also a lower uk workforce will needed in coming years as shops close... This in turn will see lower business tax revenues to many councils and affect ability to finance current services .... It is called the Internet snowball affect... The days of high street shopping is coming under massive pressure to servive for many shops... like supermarkets closed many high st shops years ago .. The Internet will have a 5 times bigger effect in closing shops ... In the next 5 years ... It is basic logic... Things are changing big time...!
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Lionel
Tuesday, January 8, 2013
Maybe there should be a 35% VAT charge on certain online Electrical goods, and at shop level the current rate of VAT should be applied. This would give small retailers a stronger chance of survival. It is unfortunate but when the likes of Comet go into administration is cannot be long before independent retailers also follow the same fate.
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chebram71
Tuesday, January 8, 2013